London: There have been indications that the central bank of Britain, “Bank of England” shall officially introduce “cryptocurrency” in the coming year. It has been revealed that Bank of England has appointed a research group in 2015 for this matter, the report of which shall soon be published. In 2016, the central bank of Britain […]
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A cryptocurrency is a digital asset designed to work as a medium of exchange that uses cryptography to secure its transactions, to control the creation of additional units, and to verify the transfer of assets. Wikipedia
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New Delhi: A government panel is said to have advised the closure of businesses dealing in the buying and selling of cryptocurrency as also of cryptocurrency exchanges operating in the country. While the ‘Bitcoin’ hits a new high, with its value growing 200 percent in the course of the past seven weeks, the number of […]
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Washington – Union Finance Minister Nirmala Sitharaman, currently visiting the US, reiterated India’s firm stance against cryptocurrencies. Sitharaman said that by taking a stand against cryptocurrencies at the right time, we cannot let our efforts to save the economy go to waste. Finance Minister Sitharaman was speaking at the event organised at the headquarters of […]
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Washington – It revealed that Signature Bank went bankrupt in the United States, followed by Silvergate and SVB. The third US bank failure in a week signals that the country’s banking sector was in trouble. Against this backdrop, President Joe Biden claimed, on Monday, the US banking sector was safe. However, former US President Donald […]
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Bengaluru: A meeting of Finance Ministers of G-20 countries has been organised in Bengaluru and the Finance Ministers of the member countries have arrived in India for this purpose. It is said that representatives of major banks and financial institutions worldwide have also come to India. On the occasion of this meeting, India’s Finance Minister […]
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Davos: 99% of the Cryptocurrencies today are pure frauds and scams. Cryptocurrency is a criminal activity. Cryptocurrency is a bubble of fraudulent financial schemes that will burst soon, warned leading US economist Nouriel Roubini. In an interview on the background of the ongoing World Economic Forum in Davos, Europe, Roubini criticized the crypto sector. A […]
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New Delhi: India’s Finance Minister, Nirmala Sitharaman, said that smuggling gold hurts the economy. However, illicit drug trafficking will hurt the future generation. The finance minister urged the customs officials to be vigilant and suggested using technology tools to prevent drug trafficking. Till November this year, 3017 kg of heroin, 2267 kg of hashish, 725 […]
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New Delhi: Preparations for the ‘G-20 conference to be held in India next year have started in a big way and India has decided its priorities for this. Union Finance Minister Nirmala Sitharaman assured that India would act as the voice of small and medium-income countries at this conference. Finance Minister Sitharaman claimed that India […]
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