It is important to drive private sector investment as there is a huge amount of scope for the private sector to enhance capacity utilisation, Amitabh Kant said.
While the legal experts have stated that the announcement made by the Union Finance minister, Nirmala Sitharaman of taxing keeping the taxation rate for virtual digital assets at 30 per cent will discourage crypto transactions, the industry players have welcomed the move.
While the legal experts have stated that the announcement made by the Union Finance minister, Nirmala Sitharaman of taxing keeping the taxation rate for virtual digital assets at 30 per cent will discourage crypto transactions, the industry players have welcomed the move.
The Bank of Russia has come out with a consultation paper that plans the future of cryptocurrencies in the country. Titled "Cryptocurrencies: Trends, Risks and Regulations," the paper proposes a blanket ban on the use and mining of all cryptocurrencies.