Financial News

India is launching an official digital currency backed by the Reserve Bank of India (RBI) to make transactions faster, safer, and more transparent.

The initiative will speed up financial transactions, make them safer, and more transparent, while reducing paper use in the economy

World’s largest cryptocurrency pushes as high as $125,835.92 on Monday, marking second straight day of gains The post Bitcoin extends rally with new record after topping $125,000 appeared first on Profit by Pakistan Today.

Adedayo Akinwale in Abuja The House of Representatives has commenced the move to review the economic, regulatory, and security implications of cryptocurrency adoption and point-of-sale (PoS) operations in Nigeria. To

Union Minister Piyush Goyal clarified that cryptocurrencies are heavily taxed to discourage their use due to the risks associated with their lack of backing and accountability.

Union Commerce Minister Piyush Goyal on Monday, October 6, clarified that the Indian government neither promotes nor bans cryptocurrency

The local bourse is heading lower for a second straight session, as banks and consumer-facing stocks sold-off and consumer sentiment fell to six-month lows.

Goyal clarified that while there is no outright ban on cryptocurrencies without Central government backing, they are heavily taxed to discourage their use

India does not encourage cryptocurrencies that lack sovereign or asset backing, he said

This country CAN make top-quality consumer goods at affordable prices, but only if companies invest in their equipment and in enhancing their workers’ skills.

(MENAFN - AsiaNet News) India will soon launch its own digital currency backed by the Reserve Bank of India (RBI), Union Minister of Commerce and Industry Piyush Goyal said in a roundtable during ...

(MENAFN - Crypto Breaking) The European Union is taking significant steps to tighten its grip on Russia-linked cryptocurrencies amid ongoing geopolitical tensions. Reports indicate that the EU is ...