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Research is underway at the Bank of Canada, because exploring the idea of a central bank digital currency makes sense. In theory, it could provide the safety of cash, with the convenience of modern ...

Cryptocurrency has evolved from a niche digital asset into a global financial ... to officially designate cryptocurrency as a national currency? Could this be a strategic advantage or a financial ...

Digital currency could be launched in Pakistan as the legal tender and the equivalent of banknotes, said Governor State Bank of Pakistan (SBP) Jameel Ahmed while talking to the media during the ...

BS BFSI Summit: RBI is actively working to link UPI with other countries, aiming for global acceptance that would allow Indians abroad to make payments using UPI, said RBI Deputy Governor ...

A central bank digital currency, or CBDC, is a digital version of a region’s fiat currency, put out by the region’s monetary authority. CBDCs gained a significant spotlight in 2020 ...

Tiger Global and Peak XV backed Indian firm Cred has become the first fintech platform to roll out access to India's central bank digital currency, the company said on Tuesday. The Reserve Bank of ...

As the world pursues excellence through digital innovation, central banks worldwide are following the trend. One such digital innovation is the Central Bank Digital Currency (CBDC). India has also ...

Moreover, 1% TDS on crypto transactions above Rs 10,000 for salaried and Rs 50,000 for business transactions will apply. Getty Images Income tax on crypto currency: Latest income tax rules on virtual ...

The Bank of England and HM Treasury are in the design phase for the creation of a digital pound or central bank digital currency. A consultation paper outlined the framework as a precursor to a ...

MUMBAI (Reuters) - Tiger Global and Peak XV backed Indian firm Cred has become the first fintech platform to roll out access to India's central bank digital currency, the company said on Tuesday.

But he had a chance to register strong opposition to a U.S. central bank digital currency (CBDC) and to note that he favors a modern outlook on crypto. The billionaire hedge fund manager told the ...