DH Deciphers | Digital rupee: What is it and why is India launching it?
2022-02-07
In the Union Budget for 2022-23, Finance Minister Nirmala Sitharaman talked about the virtual currency space. Besides announcing a flat 30% tax on profits from all virtual currencies such as Bitcoin, she also talked about the launch of a Central Bank Digital Currency (CBDC), or the digital rupee, in the financial year 2022-23. Both the…Continue Reading