India says it will launch digital rupee as soon as this year

India says it will launch digital rupee as soon as this year

India’s finance minister has said the country will launch a digital version of the rupee as early as this year.

In her annual budget speech, Nirmala Sitharaman also outlined plans for a 30% tax on income from digital assets.

It would put profits from trading or transferring cryptocurrencies and non-fungible tokens in the country’s highest tax band.

 

India says it will launch digital rupee as soon as this year

OSCE Condemns Russia’s Military Activities

The OSCE is demanding a full explanation from Russia regarding…

Taiwan May Shoot Down Chinese Drones

Chinese drones have been spotted circling in Taiwan's restricted…

China to U.S.: Remove Sanctions on Iran

China has pressured President Biden to remove all the sanctions…