The RBI has been examining use cases and working out a phased implementation strategy for introduction of CBDC with little or no disruption
Digital asset market capitalisation was nearly $1.5 billion in 2013, and stands at about $3 trillion today
Traders said the weekend fall was connected with the broad move away from riskier assets in traditional markets over worries about the Omicron variant
Earlier this week, Sitharaman said the new bill takes into account the rapidly changing dimensions in virtual currency space, and incorporates features of the earlier bill that could not be taken up
Bitcoin was 12% down at 0920 GMT at $47,495
Ambani, who owns Reliance Jio, India's largest mobile service provider, also lent support to blockchain and real time tech to improve financial access
According to reports, someone inserted a malicious script in the user interface (UI) of their website
Blockchain is very important for a trust-based, equitable society, says RIL chairman at the InFinity Forum
Business Standard brings you the top stories on Friday
Sixteen of the 90 countries in the world are in the pilot stage of central bank digital currencies
The blockbuster price he paid helped bring attention to the burgeoning market for NFTs
The government had also listed a similar Bill for the last Parliament session (monsoon) but it was not taken up.
Cryptocurrencies need to be regulated like any other financial asset and it would be unwise for India to ban private crypto assets, a study released by Observer Research Foundation said
Go Fashion makes stellar debut, lists at 91% premium; Star Health IPO receives lukewarm response
'We are not considering a ban on the advertisements, but we've been taking steps to caution the public through RBI and SEBI,' says Nirmala Sitharaman
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The government plans to introduce a Bill in this regard - the Cryptocurrency and Regulation of Official Digital Currency Bill 2021 - in the ongoing session
The government plans to introduce a Bill in this regard - the Cryptocurrency and Regulation of Official Digital Currency Bill 2021 - in the ongoing session
Business Standard brings you the top news on Monday
The broader indices lagged in trade on Monday. The BSE Midcap and Smallcap indices ended with losses of 0.9 per cent and 1.9 per cent, respectively