The central government has made its stand clear on cryptocurrencies. Union Finance Minister Nirmala Sitharaman said in a statement on Monday that the central government has no plans to accept cryptocurrencies as a legal tender in the country. Responding to a query on data related to bitcoin transactions by the Centre, the Finance Minister also said that the Center does not collect any data on bitcoin transactions in India.
According to broker discovery and comparison platform Broker select, India has the largest number of cryptocurrency holders in the world. The number of cryptocurrency holders in India is 10.7 million. Countries like America, Russia, and Nigeria come after India. The number of cryptocurrency holders in the US is 27.4 million, while Russia is at number three on this list with 17.4 million crypto-owners. Nigeria also has a significant number of crypto holders, with 1.30 cryptocurrency holders in Nigeria.
Bitcoin is a kind of digital currency that allows people to buy goods and services and exchange money without involving banks, credit card issuers, or other third parties. Bitcoin was introduced in 2008 as a cryptocurrency as well as an electronic payment system by an unknown group of programmers. It is reportedly the first decentralized digital currency where peer-to-peer transactions are conducted without any intermediaries.
Apart from this, the central government is also planning to introduce the Cryptocurrency and Regulation of Official Digital Currency Bill 2021 during the ongoing winter session of Parliament. The bill seeks to ban all but a few private cryptocurrencies while allowing official digital currency by the RBI.
Weather Report Today: It will rain in these areas today, the humidity is haunting here, know the weather condition
The wait for monsoon in North and West India has become longer. With several weather systems being active, there is a possibility of good rainfall in the next one or two days. Light rain is expected
Hijab Controversy: Schools and colleges reopened in Karnataka, were closed after the killing of a Bajrang Dal worker
Hijab Controversy: Schools and colleges in Karnataka have reopened on Monday, February 28, 2022. Pictures of many students have surfaced on their way to school and college from Shivamogga town in the
Prabhas: Prabhas came forward to help the famous comedian admitted to the ICU, also appealed to other Tollywood stars
'Bahubali' fame actor Prabhas has done something that is being appreciated. Prabhas has come forward to help veteran comedian Fish Venkat in his difficult times. Comedian Fish Venkat, who is currently
COVID-19: 1190 new corona cases in India in 24 hours, active cases reduced to 16243
1,190 new cases of corona have been reported in India. With this, the active cases of corona in the country have come down to 16,243. Yesterday the active cases of the corona were around 17,618. The
Humans will end like dinosaurs: Asteroid, the killer of planets hidden behind the sun, scientists are also worried about moving on the path of Earth
An asteroid 1.5 km wide is about to come into the path of the Earth. It is so dangerous that its collision can end life on Earth. At present, it is hidden behind the sun. In the last 8 years,
Israel-Hamas War: 'If our soldiers become targets in the conflict...', America issues direct warning to enemies
America has issued a direct warning to its enemies amid the Israel-Hamas conflict. US Secretary of State Antony Blinken and Defense Secretary Lloyd Austin said on Sunday that it is certain that Iran
Haryana Weather: Red alert issued for dense fog, weather department's warning - there will be severe cold for two days
Dense fog continues in Haryana. However, there are chances of getting partial relief on Saturday. Dense fog will occur at only a few places on December 30. At the same time, the Meteorological
China's debt policy will increase a new crisis in the world, why did Germany warn
Germany has questioned China's debt policy and said that a new crisis may arise in front of the world. German Chancellor Olaf Scholz called China's debt policy a lack of transparency and said it was a
PM Modi's road show before BJP meeting: National Working Committee meeting in Delhi, strategy for 9 state elections will be made
BJP's national executive meeting is being held in Delhi on 16 and 17 January. The meeting will be attended by Prime Minister Narendra Modi, Home Minister Amit Shah, Defense Minister Rajnath Singh, and
ASUS Zenfone 10: This cool smartphone launched with a powerful processor and 16GB RAM, will get a premium design
Asus has launched its latest flagship smartphone, the Asus Zenfone 10 in Europe. The smartphone is powered by Qualcomm Snapdragon 8 Gen 2 chipset and runs on Android 13. Full HD+ display has been
