NEW DELHI, Feb 14: Finance Minister Nirmala Sitharaman on Monday said discussions with regard to central bank-backed digital currency have been going on with the Reserve Bank and a decision will be taken after due deliberations. Sitharaman in her Budget speech on February 1 had announced that Digital Rupee or Central Bank Digital Currency (CBDC) would be issued by the RBI in the coming fiscal year. She had also announced the government will levy 30 per cent tax on gains […]
With India working to adopt a digital currency soon, here is what it truly means, and how it differs from the many cryptocurrencies we see around us today.
With India working to adopt a digital currency soon, here is what it truly means, and how it differs from the many cryptocurrencies we see around us today.