On the one hand, there are signs of banning private cryptocurrencies in India and the government is going to introduce a bill regarding this in the current winter session. While RBI has termed it as a big threat, on the other hand, Finance Minister Nirmala Sitharaman has also termed the crypto business as a risky area. At such a time, Nandan Nilekani, chairman of the giant tech company Infosys, has supported cryptocurrencies.
crypto assets to consider
At an event, Infosys Chairman Nilekani said that crypto assets are worth considering and can be used to bring about greater financial inclusion. He added that crypto can have a role as an asset, but clearly, all laws related to it have to be complied with. We have to ensure that this digital currency is not used in the wrong ways. Financial inclusion means providing financial services to the backward and low-income people of the society.
Crypto Market Volatility Challenge
Nilekani said that investment in cryptocurrencies continues to grow. But due to the volatility in the market, there are many challenges regarding crypto transactions. It is worth mentioning that Nandan Nilekani is a technocrat and has also been the chairman of UIDAI (Unique Identification Authority of India) in the year 2009. The credit for bringing the Aadhar card to India goes to him. In such a situation, this statement given by him about crypto means a lot.
Preparing to bring a bill on cryptocurrency
To rein in private cryptocurrencies in India, the government is preparing to introduce a bill regarding this in the current winter session. The Finance Minister has also said as soon as he spoke in Parliament that the bill will be introduced soon. At the same time, the Reserve Bank of India has proposed to the Central Government regarding its digital currency, stating that private cryptocurrencies are a big threat.
Tamil Nadu: Politics heats up due to ED's action against Minister Senthil Balaji, Congress said - we will not be afraid
ED's action against Tamil Nadu Government's Electricity Minister Senthil Balaji has heated the politics. Opposition parties have criticized the detention of Senthil by the ED, terming it as an abuse
Munawar Faruqui in the custody of Mumbai Police late at night, the comedian was caught in a raid on a hookah bar.
Munawar Faruqui Detained: It seems that the police are keeping a close watch on the winners of 'Bigg Boss' these days. First, the police have fallen on Elvish Yadav and now Munawar Farooqui. Magalwar
Delhi Capitals will consider the match against Punjab Kings as a knockout match, the bowler claimed
Delhi Capitals (DC) spinner Kuldeep Yadav has said that his team is treating their upcoming match against Punjab Kings (PBKS) as a knockout game. Both the teams have 12-12 points in their account and
Kapil Sharma said something about his wife Ginni in front of a huge crowd abroad, now apologizes out of fear
Kapil Sharma recently went to Canada to do a show. There he has gone to the show with his entire team of Kapil Sharma Show. There was a huge crowd at Kapil's show. The comedian himself has shared
PM Modi's blue tick on Twitter greyed out: Government Twitter accounts get gray verified tick; Rahul still has a blue tick
Changes have started appearing on Twitter under the new verification system. Blue ticks have been removed from the accounts of Prime Minister Narendra Modi and Home Minister Amit Shah. Gray ticks have
Weather Updates: Know when Delhi's air quality will improve, rain alert issued for these parts of the country
Air pollution is still increasing in the country's capital Delhi due to haze. The air quality of Delhi-NCR will remain poor for the next two days. After this, minor improvement will be recorded from
Kunal Kamra's troubles will increase, Mumbai Police sent a third summons; calling for an appearance on 5th April
Mumbai Police has issued a third summons to stand-up comedian Kunal Kamra. He has been asked to appear on April 5 in connection with making derogatory remarks about the state's Deputy Chief Minister
Wimbledon: Djokovic wins 32nd consecutive match at Wimbledon, unseeded Eubanks upsets Tsitsipas
Serbia's veteran tennis player Novak Djokovic has confirmed his place in the quarterfinals of the Wimbledon Open. Djokovic defeated Hubert Hurkacz of Poland, winning his 32nd consecutive win in this
Kanwar Yatra: The news of the bomb in Kanwar special train stirred up, police caught a kanwariya, then the truth came out
The police, GRP, and security agencies were stirred by the information about the bomb in the Kanwar special train. The train had reached Haridwar carrying passengers from Delhi. Police and Bomb
Challenge of winning the series for the first time in 7 years: First T20 match between India and South Africa today, know the possible playing XI of both the teams
Team India will play the last T20 series against South Africa before the start of the T20 World Cup. The first match will be played in Thiruvananthapuram today. This series is going to be important
