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What is Dollarisation? Simply put, dollarisation is the term when US dollar is used in addition to or instead of the domestic currency of another country. It is an example of currency substitution. Dollarisation usually happens when a country’s own currency loses its usefulness as a medium of exchange, due to hyperinflation or instability. Which […]
For the first time in India, a police think tank has developed a sixty-four-page standard operating procedure (SOP) for investigating crypto crimes with the help of law enforcement agencies. BPRD (Bureau of Police Research and Development) guidelines stipulate that law enforcement organizations need a crypto wallet to hold seized digital assets. They also need to […]
Union finance minister Nirmala Sitharaman said there was complete harmony with which her department was working with Reserve Bank of India on all issues, including cryptocurrencies. She said there is a respect towards each other’s domain and priorities keeping the country’s interests in mind. “Not just on crypto, but on every other thing as well. […]
Nirmala Sitharaman has broke her silence over the issue of Legalising Crypto in the country, After the the proposed implementation of tax on Private Crypto Currency during Budget 2022, Finance Minister has spoken up after the Crypto Currency Tax got mixed reaction and people assuming the actions as Legalization of the Private Crypto Currency. Finance […]
The bitcoin price on Saturday rose by 9 percent and has reached its highest in two weeks. The price has reached $ 41,473.81 with a 46 percent rise in volume of the most popular cryptocurrency standing at $30,509,869,557 USD. On Friday, bitcoin saw an 11 percent jump in its price. In one week it has […]
