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Digital currency

08 Sep 2023

List Of Banks That Allow Digital Rupee Interoperable With UPI

The e₹-R would be in the form of a digital token that represents legal tender, distributed through intermediaries, i.e., banks. It would be issued in the same denominations that paper currency and coins are currently issued.

Digital currency

05 Sep 2023

RBI's Game-Changer: Wholesale CBDC On The Horizon For Call Money Market

The introduction of CBDC was announced in the Union Budget 2022-23, by Finance Minister Nirmala Sitharaman and necessary amendments to the relevant section of the RBI Act, 1934 was made with the passage of the Finance Bill 2022.

09 Mar 2023

DNA: Crypto-currency transactions now under 'government scrutiny'

You need to be careful before transacting and trading in crypto-currency. The Government of India has now implemented the provisions of money laundering in crypto-currency trading. Now the transaction of digital currency of crypto will also come under money laundering.

01 Dec 2022

DNA: Digital currency or magic wand!

Now you do not need any bank account to keep or give money and this magic happened because of digital currency. It means, from today, the use of digital currency has started for all the common people.

Digital currency

01 Dec 2022

Digital Rupee launched in India -- Here's understanding e₹-R in 10 Key points

Eight banks have been identified for phase-wise participation in RBI Retail Digital Rupee pilot. The first phase will begin with four banks, viz., State Bank of India, ICICI Bank, Yes Bank and IDFC First Bank in four cities across the country. Four more banks, viz., Bank of Baroda, Union Bank of India, HDFC Bank and Kotak Mahindra Bank will join this pilot subsequently.

Digital currency

01 Dec 2022

Digital rupee launc today: Full list of cities, banks offering e₹-R service

Users will be able to transact with e₹-R through a digital wallet offered by the participating banks and stored on mobile phones / devices. Transactions can be both Person to Person (P2P) and Person to Merchant (P2M).

Digital currency

30 Nov 2022

What is retail digital rupee (e ₹-R) that RBI will launch on Dec 1 for pilot?

The e ₹-R is a virtual token that can be used as a legal tender, according to the RBI. It would be distributed through intermediaries, i.e., banks. It will make the inter-bank market more efficient.

Digital currency

30 Nov 2022

Digital rupee launching tomorrow: List of banks offering e-rupee transaction

The e₹-R would be in the form of a digital token that represents legal tender. It would be issued in the same denominations that paper currency and coins are currently issued. It would be distributed through intermediaries, i.e., banks.

Digital currency

07 Nov 2022

Ready to deal in digital rupee? Find out what exactly it is

The RBI defines the CBDC as the legal tender issued by a central bank in a digital form. It is the same as a sovereign currency and is exchangeable one-to-one at par with the fiat currency.

Digital currency

02 Nov 2022

What is Digital Rupee how different it is from other cryptocurrency

RBI has said that the first pilot in Digital Rupee - Retail segment (e₹-R) is planned for launch within a month in select locations in closed user groups comprising customers and merchants.

01 Nov 2022

DNA: How Indian economy will benefit from digital currency?

Now you will be able to do transaction in a currency which you can neither touch nor it will get spoiled and you will be able to keep it for many years. Today, digital currency has been started as a pilot project in the country. In DNA we will tell you how digital currency is going to change the economy of the country.

01 Nov 2022

Desh Superfast: RBI to launch digital rupee pilot from November 1

In this section, you will find the top news stories of the day. Segment Desh Superfast' is a part of Zee News' important news bulletins in which we cover all the important news.

01 Nov 2022

RBI to launch nation`s first digital rupee pilot project today

In a statement, the central bank said that it will "soon commence pilot launches of Digital Rupee (ea,) for specific use cases. Accordingly, the first pilot in the Digital Rupee - Wholesale segment (ea,-W) shall commence on November 1, 2022".

07 Oct 2022

RBI to soon launch pilot e-rupee for specific use cases

The Reserve Bank will soon commence pilot launches of e₹ for specific use cases. As the extent and scope of such pilot launches expand, RBI will continue to communicate about the specific features and benefits of e₹, from time to time

Digital currency

09 Mar 2022

Proposed digital currency by RBI to speed up transactions: Report

CBDCs could reportedly drive efficiencies and effectiveness of a jurisdiction's payments system. They could do so by ensuring that their users access safe digital money.

24 Feb 2022

RBI's views might have delayed crypto bill, Digital Currency coming soon

The government had plans to introduce a bill on cryptocurrencies like Bitcoin during the Winter Session of Parliament in November-December 2021 but did not introduce it.

23 Feb 2022

ASCI issues guidelines for crypto, NFTs advertisement and promotion

ASCI guidelines on Crypto ads. Applicable to all adds released on or after April 1, 2022. ASCI wants disclaimer for VDA ads.

08 Feb 2022

How will tax on virtual digital asset impact Crypto investors?

Specific tax regime for crypto in India. Taxation of virtual digital assets. Virtual digital asset to be taxed at the rate of 30%.

02 Feb 2022

Crypto tax regime in India: Does taxation on Crypto make it legal? Explained

Specific tax regime for crypto in India. Taxation of virtual digital assets. Virtual digital asset to be taxed at the rate of 30%.

21 Jan 2022

Planning to invest in crypto assets in 2022? Check out THESE cryptocurrencies

Now that Cryptocurrency has been part of financial ecosystem, though very challenging the huge returns has always attracted the investors to take high risk. In August 2020, the rise of Shiba Inu in such a short period of time is nothing short of uncanny.

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