India can lead the Digital Society and become a global leader in its own right, said Mukesh Ambani, Chairman and Managing Director, Reliance Industries Limited (RIL).
Crypto coins like Bitcoin, Ethereum, Dogecoin, Shiba Inu are among the popular cryptocurrencies of which most people are aware. However, there are a good number of cryptos that are sold based on their privacy factor.
The Supreme Court in early March 2020 had nullified the RBI circular banning cryptocurrencies.
Over the past few years, retail and institutional investors are willing to invest in cryptocurrency for both - long-term and short-term - profits. However, investing in the crypto market comes with its own share of risks and challenges.
Cryptocurrencies are digital or virtual currencies in which encryption techniques are used to regulate the generation of their units and verify the transfer of funds, operating independently of a central bank.
e-RUPI is an example of how India is moving forward and connecting people in the 21st century with the help of advanced technology, PM Modi said.
Deputy Governor T Rabi Sankar said developing a domestic CBDC could provide the public with uses that any private virtual currency (VC) offers and to that extent might retain public preference for the rupee.
Nearly half of Indian consumers are more worried about frauds while making digital transactions amid the coronavirus crisis, shows a study.
Along with the two payment giants, several other large companies have said they’re exiting Libra. Payment processing company Stripe is stepping back, as well as e-commerce company eBay.
Facebook's digital currency 'Libra' was termed as "delusional" and "dangerous" by the US lawmakers at the Senatorial hearing
India stands in the top five countries to tweet about Facebook's digital currency Libra.
US lawmakers are officially asking social networking site, Facebook to cease all development of its Libra cryptocurrency.
Sensing a multi-billion dollar opportunity to improve the cross-border payments system, Facebook is launching its own digital coin called 'Libra' next year which is set to run into rough weather .
Facebook announces its own digital wallet subsidiary "Calibra" for its global cryptocurrency "Libra" that will be powered by Blockchain technology.
NITI Aayog, in association with Nasscom and telecom operators, has set up a dedicated toll-free helpline number '14444' to promote digital transactions.
Union Minister for Electronics and Information Technology Ravi Shankar Prasad on Sunday urged the people to switch to digital methods of payment, saying digital economy is a honest governance.
Central government will launch awards under the Lucky Grahak Yojana and Digi-Dhan Vyapar Yojana-- twin schemes incentivising digital payments-- in 100 cities over 100 days from today.
the central government is planning to soon launch an 'Aadhaar Payment App' that would do away with plastic cards and the point of sale machines -- once believed to be essential for a cashless economy.
In a bid to encourage citizens to adopt cashless payments and a digital economy, the NITI ayog today announced daily, weekly and mega awards up to Rs 1 crore for consumers and merchants who take to digital payments.
In a step forward in its push for a cashless and digital economy, the government is now working to make sale of over the counter rail tickets payable only through credit and debit cards.
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