Blockchain news: Blockchain, cryptocurrencies and budgetary regulations

Blockchain news: Blockchain, cryptocurrencies and budgetary regulations

With the Reserve Bank of India being resistant in its approach towards cryptocurrencies in 2018, to an inclusion of cryptocurrencies in the Union Budget for 2022, there is a lot to ponder and consider about the world of virtual currencies. To start things with, cryptocurrencies are digital currencies designed to simplify online transactions and to … Read more

Commentary: Observe the pinch of inflation at our kitchen table | Columns

CNBC reported that beef and veal prices have risen by 20.1 percent during the past year. Dreamstime Jill Ebstein It’s no secret we are experiencing inflation, and it is hitting us where it hurts most—in our pocketbooks and on our kitchen table. I got wind of inflation in the oddest of ways. I go to … Read more

cryptocurrency: Cryptic no more: Cryptocurrencies, CBDC can manage to coexist

cryptocurrency: Cryptic no more: Cryptocurrencies, CBDC can manage to coexist

The wild world of cryptocurrencies has received the first hint of acceptance in India. Cryptos like Bitcoin and Ethereum will be heavily taxed, but not banned immediately. They would co-exist with an RBI-backed “digital rupee” to be launched in FY23—both powered by the same technology, blockchain, offering the electronic ledger. Despite RBI’s strong reservations, the … Read more