Cryptocurrency News

Govt introduces new Crypto bill in RS after Cabinet approval, key points

Govt introduces new Crypto bill in RS after Cabinet approval, key points

New Delhi: As the centre on Tuesday introduced the new Crypto Bill in Parliament after Cabinet approval, Finance Minister Nirmala Sitharaman told Rajya Sabha that a new bill on cryptocurrency is in the works and it will be presented before the Union Cabinet soon for approval. The Finance Minister also

Indian govt not in a mood to recognise Bitcoin as a currency: FM Sitharaman

Indian govt not in a mood to recognise Bitcoin as a currency: FM Sitharaman

New Delhi: Responding to a question asked on Bitcoin in the Parliament on Monday, Finance Minister Nirmala Sitharaman saidC that the government has no proposal to recognise Bitcoin as a currency in the country. She also informed the house that the government does not collect data on Bitcoin transactions. Whether

RBI to launch e-currency by Dec, know how will it be different from crypto

RBI to launch e-currency by Dec, know how will it be different from crypto

Mumbai: Reserve Bank of India (RBI) governor Shaktikanta Das recently made a strong argument in favour of a central bank digital currency (CBDC) for India, dropping hints about the launch of its digital currency as early as December this year. RBI’s digital currency will supposedly be known as a digital rupee. “The Reserve

RBI announces to give India its own digital currency to counter crypto

RBI announces to give India its own digital currency to counter crypto

Mumbai: Making a strong argument in favour of a central bank digital currency (CBDC) for India, the Reserve Bank of India (RBI) said that it is working towards a phased implementation strategy for its digital currency and examining use cases where it can be deployed with little disruption. The top bank