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6 mins read
Crypto FAQs answered — everything you need to know about crypto regulations, trading, taxes and CBDC in India
So far, the legality of cryptocurrencies in India have been more or less grey. The country act…
3 mins read
Indian e-rupee to boost digital payments sans bank accounts, say industry stakeholders
The rollout of the e-rupee has been one of the most sought-after developments, since its announc…
6 mins read
The number of countries exploring CBDCs more than doubled during the pandemic year
These 81 counties represent over 90% of the world’s gross domestic product (GDP). The pandemic…
3 mins read
Diwali week cash circulation declines for the first time in 20 years: SBI Ecowrap
For the first time since 2002 – that’s 20 years – currency in circulation has declined during…
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…
4 mins read
Raghuram Rajan believes only a handful of cryptocurrencies will survive the hype — over 400 tokens have hit the dust in the last six months
The former governor of the Reserve Bank of India (RBI), Raghuram Rajan, believes that only a handfu…
4 mins read
Indians are holding on to their cryptos, amidst all the uncertainty — here is why
Despite uncertainties around regulations and the legality of cryptocurrency in India, enthusiasts c…
3 mins read
HDFC Bank withdraws letter on crypto transactions after RBI clarifies that its 2018 circular is no longer valid
India’s cryptocurrency regulations have been unclear, to say the least. The issues began…
2 mins read
India’s crypto exchanges are reportedly mulling the legal route again — may approach the Supreme Court over RBI’s directive
But adding banking partners is easier said than done. At the moment, with the lack of any …
1 min read
An Indian tech major is helping Thai banks use digital currency while the RBI hangs back
An Indian technology major, Wipro, is now helping eight banks in Thailand to settle dues with each …
2 mins read
Fast cross-border payments to make it difficult to check money laundering, terror funding: Fed official
The US Fed official overseeing payment systems said slowing down the speed at which payments are cl…
PTI
3 mins read
Blockchain-based digital rupee will be a reality before March 2023 confirms Finance Minister Nirmala Sitharaman
Digital Rupee, using blockchain, will be launched by the Reserve Bank of India (RBI) by 2023, said …
1 min read
Govt invites bids for IDBI Bank privatisation; Govt, LIC to sell 60.72%
The government on Friday invited bids from investors for privatising IDBI Bank by selling a total o…
PTI
2 mins read
India to take a considerate decision on regulation around cryptocurrency: Nirmala Sitharaman
The minister clarified that the government is open to promote innovation and well-grounded progress…
PTI
2 mins read
India could begin testing a digital currency in December, says the country's central bank chief
Indian officials will study the security, financial and technological aspects of a so-called CBDC, …
Carla Mozée
3 mins read
With challenges carefully firewalled, Indian economy now is very attractive for investors: FM
Union Minister for Finance Nirmala Sitharaman stated on Wednesday that for industries which are mov…
4 mins read
From cryptocurrencies to NFTs, India to tax all ‘virtual digital’ assets at 30%
India plans to tax cryptocurrency transactions at a rate of 30%. This is at par with the highest in…
2 mins read
Cryptocurrency could be used for money laundering and terror funding, says Indian finance minister
Finance Minister Nirmala Sitharaman on Tuesday made a strong case for regulating cryprocurrencies a…
PTI
3 mins read
US, China, Europe and India — all are mulling the possibility of a digital currency, but no one is ready to bite the bullet, yet
Simply put, CBDCs are digital versions of the currencies you use right now. In the US, a CBDC …
3 mins read
Even as Latin America embraces Bitcoin, Southeast Asia is clamping down on cryptocurrencies
Cryptocurrencies are designed to be borderless. But while technology and technologists may want to …