The anticipated digital rupee that will be issued by the Reserve Bank Of India will not be held in private wallets, but will expose all transactions to government scrutiny. The Indian government will ...
Tag: Rupee
India Will Regulate Crypto and Unveil the Digital Rupee
In what is arguably one of the biggest 360s the world of crypto has ever seen, India has announced that it will not be banning crypto. Rather, it will tax crypto-based income, work to regulate the spa...
Digital Rupee Will Strengthen Digital Economy, Revolutionize Fintech – Bitcoin News
India’s prime minister, Narendra Modi, says an Indian central bank digital currency will strengthen the digital economy. The digital rupee will also revolutionize the fintech sector by creating new op...
India Proposes 30% Tax on Crypto Income, Announces Digital Rupee Launch
The government of India revealed on Tuesday that it would be launching a digital rupee and start taxing income from crypto, The Hindustan Times reported. In her Budget 2022 presentation, Indian financ...
India Announces Upcoming Launch of Central Bank Digital Currency, Digital Rupee, to Be Issued by RBI – Regulation Bitcoin News
The Indian government has announced the upcoming launch of the country’s central bank digital currency. The digital rupee will be issued by the Reserve Bank of India (RBI) in the financial year 2022-2...
India Introducing 30% Crypto Tax Amid Digital Rupee Plans
Authorities in India have decided to introduce a tax on cryptocurrency transactions, in addition to issuing a digital currency within the next two years. Finance Minister Nirmala Sitharaman made these...
India’s Finance Minister Says CBDC Digital Rupee Could Be Coming By FY 2022-2023
Speaking earlier today at India’s budget session, Indian Finance Minister Nirmala Sitharaman said that India will introduce its central bank digital currency (CBDC) aka Digital Rupee in the next finan...
RBI to Introduce Digital Rupee (CBDC) Using Blockchain in Fy 2022-23
Union Budget 2022 – While presenting the 2022 Union Budget, FM Nirmala Sitharaman made the most significant announcement – introducing the New Digital Currency, Digital Rupee, that will boost India’s ...
A 30% Tax-On-Gain Likely For All Cryptocurrencies As India Prepares To Launch Digital Rupee ⋆ ZyCrypto
Advertisement     India is set to launch its digital rupee in 2022, making it the tenth country to venture into CBDCs. The disclosure, which was included in its 2022 U...