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Many nations to come out with regulations on the cryptocurrency industry
Cryptocurrencies can make international payments more efficient, convenient and secure, while removing the cumbersome operational and security processes linked to the movement of conventional money. Digital currencies have been around for a decade, yet the regulatory systems governing them are fragmented, ineffective and, in some countries, non-existent. This allows illicit activities to flourish, from fraudulent Bitcoin traders who disappear with your cash to the financing of terrorism and international money laundering. Experts feels that, these new forms of money present both opportunities and challenges for the financial industry, policy-makers and consumers. Digital currencies can make international payments more efficient, convenient and secure, which improves overall economic efficiency.
Currently, India does not have any legal framework governing the issuance, use, and trade of cryptocurrencies. India is now expected to regulate cryptocurrency, a move away from the previous approach that originally sought to ban it. A legal framework to regulate and govern the growing demand on the cryptocurrency investment market in India may now see the light of the day by next February in the next general Budget. Keeping in mind that our nation’s success in the past three decades has come from ITeS-based solutions, if India is aiming to reach a $5 trillion economy, we cannot ignore the $1.7 trillion market that exists for cryptocurrencies. A forward-looking crypto policy can have a significant impact on improving our overall financial infrastructure, help safeguard national security, deter financial frauds, strengthen our monetary policy, attract international capital, create more job opportunities, and retain our tech talent to accelerate technological development, thereby driving the nation towards becoming a global powerhouse. Finally, the regulatory clarity would definitely benefit the cryptocurrency sector as a whole.
Today's Headlineoleh VARINDIA | 22 dilihat
Uber to launch new safety feature 24x7 helpline for riders in India
In order to further strengthen its safety feature and customer experience, ride hailing firm Uber has launched a 24x7 safety helpline in India. The feature enables people to call the customer support team during an ongoing trip in case of a safety issue. This is in addition to the in-app SOS button already available in the safety toolkit which allows riders to connect to law enforcement authorities in case of an emergency, said the company.
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TWSB- No end for Uber’s woes, Alia Bhatt's new avatar and more | ET Rise
Bollywood actor Alia Bhatt has become the latest celebrity to turn investor, Tiger Global is looking to exit Flipkart, Ola and much more. This news wrap is the best way to stay up-to-date with the latest developments in the startup world.
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केंद्रीय मंत्री Shivraj Singh ट्रेन से आ रहे Bhopal, समर्थकों ने Morena station पर किया ग्रैंड वेलकमoleh PunjabKesari TV | 84 dilihat
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Haryana Vidhan Sabha Election: मुख्यमंत्री फेस को लेकर Kuldeep Vats ने कर दिया बड़ा खुलासा
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आज का राशिफल 17 June 2024 AAJ KA RASHIFAL Gurumantra-Today Horoscope || Paramhans Daati Maharaj ||
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आप की राशि 2024 के 6 महत्वपूर्ण घटनाएँ और 6 उपाय
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Exclusive Video | Unveiling the Cricket Journey of Zimbabwean Star Christopher Mpofu
Dive into the remarkable journey of Christopher Mpofu, the cricket sensation from Zimbabwe whose career has been a testament to resilience, determination, and unwavering passion for the sport.
In this exclusive video, we bring you never-before-seen footage, interviews, and insights into Mpofu's rise to prominence, his memorable performances on the field, and the challenges he overcame along the way.
From his early days honing his skills on the dusty pitches of Bulawayo to representing his nation on the international stage, Mpofu's story is one of inspiration and triumph against all odds.
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Exclusive Video | Unveiling the Cricket Journey of Zimbabwean Star Christopher Mpofuoleh CricTracker | 79 dilihat
Exclusive Interview with Afghan Cricketer Sharafuddin Ashraf | Insights into his Remarkable Journey
Join us for an exclusive interview with Afghanistan's cricket sensation, Sharafuddin Ashraf. Gain valuable insights into his inspiring journey from humble beginnings to becoming a pivotal figure in Afghan cricket. Learn about his experiences representing Afghanistan on the international stage, the challenges he's faced, and his aspirations for the future. Don't miss this candid conversation with one of cricket's rising stars!
Exclusive Interview with Afghan Cricketer Sharafuddin Ashraf | Insights into his Remarkable Journeyoleh CricTracker | 78 dilihat
Robotic Process Automation is transforming businesses across the world
Robotic Process Automation enables users to create software robots, or #Bots, that can observe, mimic & execute repetitive, time consuming #Digital #business processes by studying human actions.
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Robotic Process Automation is transforming businesses across the worldoleh CII | 208041 dilihat
How To : Fuller lips with Easy Techniques - No Lip Liners - No Overlining Ft. Pilgrim Lip care range
Pilgrim, a vegan skincare brand, has announced that it is launching a lip care range, including lip serums, lip balms, lip scrubs and lip sleeping masks, in a range of fun and deliciously fragrant flavours including bubblegum, blueberry, and peppermint.
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