You Searched For "official digital currency bill" and got 17 results
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2 mins read
GST Council mulling 18% GST on low value transactions made via RazorPay, PayPal and more. Here's how it will impact you
At present, they are exempt on paying GST on transaction of value less than Rs 2,000. But, if the p…
4 mins read
Now, tourists from G20 countries will get to use UPI instead of cash in India
RBI announced that inbound travellers to India from G20 countries will be able to use UPI for merch…
2 mins read
A US congressman has proposed a bill to limit the Fed's ability to issue its own digital currency
Rep. Tom Emmer said the Fed should not have central authority over the retail accounts of Americans…
Isabelle Lee
3 mins read
Indian cryptocurrency players in huddle as government mulls ban
As India plans to introduce a new law to prohibit all 'private cryptocurrencies' in the country, th…
1 min read
India won't ban private cryptocurrencies, but will regulate them instead: NDTV report
India's government suggested people will get a deadline to put their crypto assets on an exchange o…
Karen Friar
2 mins read
Bank of England official says Britcoin CBDC launch is 'probable'
Cunliffe clarified the BoE will continue to make physical cash available, especially for the 1.2 mi…
Isabelle Lee
2 mins read
India’s Finance Minister Nirmala Sitharaman says she expects the central bank to roll out the country’s digital currency this year
The Indian government expects the Reserve Bank of India (RBI) to roll out its digital currency this…
2 mins read
Florida Governor Ron DeSantis proposes banning a digital currency from the Fed, arguing it will stifle innovation and promote surveillance
"The Biden administration's efforts to inject a centralized bank digital currency is about surveill…
Matthew Fox
3 mins read
A fully digital US dollar would be a better online currency than crypto, new Fed report suggests
A Fed-backed digital dollar would allow for fast and secure transfers without a third party or the …
Ben Winck
2 mins read
Visa is testing a platform that will support central bank digital currencies in partnership with blockchain firm ConsenSys
Payment rival Mastercard already launched a similar CBDC testing platform in December 2020, also in…
Isabelle Lee
2 mins read
The Fed may release its long-awaited paper on central bank digital currencies as early as next week, report says
Jerome Powell has said CBDCs would negate the need for stablecoins, but other observers say a digit…
Isabelle Lee
1 min read
RBI, government working in complete harmony on crypto: Nirmala Sitharaman
"With RBI & Ministry, not just on crypto but on every other thing as well, I think there's c…
1 min read
PayPal and Visa are among the companies that will help the Bank of England work on a UK digital currency
Two forums will help the BoE and the UK Treasury department understand the technological and practi…
Carla Mozée
2 mins read
Russia's biggest bank Sberbank gets permission to exchange crypto, as sanctions hobble transfers of dollars
A day after the license was given, Sberbank said sanctions had restricted foreign currency transfer…
Hamza Fareed Malik
2 mins read
India should ban 'Ponzi' private cryptos or risk wrecking the country's financial system, a top RBI central banker has warned
Private cryptocurrencies are worse than a Ponzi scheme, and could wreck India's ability to control …
Hamza Fareed Malik
2 mins read
Here's how to tell if your old $2 bills are worth anything
The United States Currency Auction, which allows people to sell rare US currency, lists some $2 bil…
Sebastian Cahill
1 min read
Forget the dollar, Argentina should adopt the euro as its currency, Nobel economist Paul Krugman says
The South American nation does almost twice as much trade with the EU as it does with the US, Paul …