Don’t miss the cryptocurrency boat, experts say on India’s proposed regulations
Don’t miss the cryptocurrency boat, experts say on India’s proposed regulations
Cryptocurrency is digital money stored in a digital wallet, either online, on a computer or other hardware. Cryptocurrency can be directly transferred online without a go-between like a bank. Bitcoin and Ether are well-known cryptocurrencies, better termed crypto assets.
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UPDATED: February 26, 2021 18:15 IST
Top experts are of the view that the government should shed apprehensions about cryptocurrency and embrace it. (Photo: Reuters)
India’s cryptocurrency investors are staring at a new set of regulations that may stifle the trading and existence of global cryptocurrencies in the country. The government plans to introduce a bill The Cryptocurrency and Regulation of Official Digital Currency Bill, 2021 in Parliament to ban companies and individuals from trading in cryptocurrencies. Top experts a
India s Finance Minister Nirmala Sitharaman holds up a folder with the Government of India logo, as India s Chief Economic Advisor Krishnamurthy Subramanian and Minister of State for Finance and Corporate Affairs Anurag Thakur look on as she leaves her office to present the federal budget in the parliament in New Delhi, India, February 1, 2021. REUTERS/Anushree Fadnavis
The Indian government recently announced a new budget aimed at providing a major boost to healthcare and infrastructure development. The budget is the country’s latest bid to spark a post-pandemic recovery and advance Indian Prime Minister Narendra Modi’s vision of
Atmanirbhar Bharat an economically self-reliant India. In a speech presenting the budget, Indian Finance Minister Nirmala Sitharaman outlined six key pillars on which the budget is based: health and well-being; physical and financial capital and infrastructure; inclusive development for an aspirational India; reinvigorated human capital; innovation a
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Tribune News ServiceNew Delhi, February 9
Minister of State for Finance and Corporate Affairs Anurag Thakur on Tuesday told the Rajya Sabha that the Reserve Bank of India (RBI) and Securities and Exc