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

China Becomes Europe’s Main Trading Partner

China officially beat out the United States to become Europe's…

China Expanding South China Sea Military Assets

China has recently increased both its warships and warplanes…

U.S. Nuclear Force Modernization Must Happen

The race towards modern nuclear warfare is in full force,…