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.
External Affairs Minister S Jaishankar met with UN chief Antonio Guterres on Thursday. Jaishankar
Banned Kerala PFI leaders were in touch with IS and Al Qaeda, NIA reveals in the special court
The National Investigation Agency (NIA) has made important disclosures regarding the banned Popul
The match between Delhi and Railways in the Ranji Trophy is going on at Arun Jaitley Stadium. On
E-way bill generation for B2B (business-to-business) transactions will soon be made mandatory for
Shahid Kapoor made his digital debut this year with the web series 'Farzi'. He was appreciated a
Iran is one of the countries where wearing an Islamic hijab is mandatory for women. Iranian women
The second phase of voting for the 2026 West Bengal Assembly elections is scheduled for April 29.
'Everyone should know Marathi in Maharashtra', hooliganism by MNS workers; slapped the shopkeeper.
The video of hooliganism by MNS leaders in the Mira Bhayander area of Maharashtra is going
After the Diwali festival, Prime Minister Narendra Modi will address the Chintan Shivir of Home M
Actress Natasa Stankovic has recently shared a cryptic note. A few days ago, viral reports said t
