india digital rupee

Feb

India plans crypto tax, greenlights CBDC

Why ban crypto when you can discourage its use by taxing it heavily? That seems to be at least part of the rationale behind India’s plan to forego a ban on decentralized virtual currencies but tax income from digital assets at a flat 30% rate with no deductions or exemptions.…

Sep

Blockchain Research

India is coming around to the idea of a digital rupee

It seems that just about every major Asian economy is warming to the idea of a CBDC now, and India is no exception. Shaktikanta Das, governor of the Reserve Bank of India (RBI), said recently New Delhi may be ready for digital rupee trials by year-end.

Feb

Blockchain Research

India weighs pulling the plug on crypto

The crypto faithful are crying foul as India once again mulls banning decentralized virtual currency. They say pulling the plug on crypto now would be like banning the internet in the 1990s – a reactionary move that would have grim repercussions for India’s economy. To be sure, some Indian investors…

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