Page 9 - Digital Currency

Confusion in the crypto universe: Budget leaves many unanswered questions

Budget announcements on taxing digital assets and creating a digital rupee involve complex issues that need to be addressed first

RBI's Digital Rupee will help curb black money menace: Official

'If you buy something from a shopkeeper and pay through digital money and that digital money is used to pay to his vender by shopkeeper, RBI will have all the data,' a finance ministry official said

TMS Ep101: Fintech, selling in IT stocks, disinvestment, markets, crypto

Will RBI's digital currency give a fillip to fintechs? What's the government's disinvestment roadmap? Why are investors dumping IT stocks? What is cryptocurrency? Find all answers here

Will RBI's digital currency give a fillip to fintech sector?

Cryptocurrency has unsettled the govt and the central bank. Apart from taxing it heavily, the govt announced RBI's digital currency - a crypto competitor. How can it give fillip to the fintech sector?

What exactly is cryptocurrency and how it works?

A day after the budget, Finance Secretary TV Somnathan said the govt doesn't treat trading in crypto assets as illegal. Find out what is cryptocurrency and the challenges it is posing for the govt

Budget 2022: Virtual digital assets are here to stay, says expert

'We are left with some open issues which need clarifications on the VDA', said Aravind Srivatsan

Cryptocurrency will never be a legal tender: Finance secy Somanathan

Cryptocurrency will never be a legal tender, Finance Secretary T V Somanathan said on Thursday clearing the air on the legality of private digital currencies in the market.

Crytocurrency tax: How will the Budget 2022 rules impact crypto investors?

A highlight of Budget 2022 was the proposal to levy 30% tax on gains from transfer of digital assets and 1% TDS on payments towards virtual currencies. What will be the impact on crypto investors?

Digital currency can be exchanged for cash, says PM Narendra Modi

Addressing the 'Atmanirbha Arthavyavastha' symposium organised by the BJP, he said the central bank digital rupee will make online payments more secure and risk free and boost digital economy

Union Budget 2022-23: Crypto investors look to pare their holdings

Several crypto investors and traders Business Standard spoke with said the attraction of the asset class is its volatility

Budget 2022: India to join a small group of countries with digital currency

Till now, only nine of the 91 countries have launched a central bank digital currency

Cryptocurrency tax and Digital Rupee to spur adoption of cryptos: Industry

Clarity required on how digital collectibles like NFTs will be taxed, say experts

Cryptocurrency tax: Budget 2022 unveils norms for virtual digital assets

The move, though limited to income tax, has sent the ball rolling for a regulatory framework of crypto assets

Budget 2022: India catches up with global fad of digital currency

Crypto or digital currencies are the latest fad across the world and India will next fiscal, beginning April 1, have its own version of the same

Union Budget 2022 proposes to introduce digital rupee to be issued by RBI

FM sees big push to digital economy, says digital currency will also lead to a more efficient and cheaper currency management system

Tesla merchandise buyable using dogecoin, Musk says in tweet

Tesla Inc merchandise can be bought using the digital currency dogecoin, the electric-car maker's Chief Executive Officer Elon Musk said in a tweet on Friday.

The Year of the Doge? 2021, crypto's wildest year yet

The memecoin phenomenon was linked to the 'Wall Street Bets' movement, where retail traders coordinated online to pile into stocks such as GameStop Corp, squeezing hedge funds' short positions

Indians to continue to embrace cryptocurrencies despite RBI concerns

The eighth of year-ender series finds out why retail investment in crypto assets may surge to $15.6 billion by 2030

India needs to initially go for basic model for CBDC, says RBI report

In its basic form, a CBDC provides a safe, robust, and convenient alternative to physical cash

New smart-contract based crypto platform begins global operations

BNBXMAS is a smart contract-based Dapp built on the Binance Smart Chain that allows users to invest in cryptocurrencies