The Indian government is in the process of framing a national law to regulate the cryptocurrency market. In a fresh statement the Reserve Bank of India said, the use of Private cryptocurrencies pose immediate risks to customer protection and anti-money laundering (AML) and combating the financing of terrorism (CFT), the Reserve Bank of India (RBI) and Financial Stability Report (FSR) noted. They are also prone to frauds and to extreme price volatility, given their highly speculative nature. Longer-term concerns relate to capital flow management, financial and macro-economic stability, monetary policy transmission and currency substitution," the report said.
According to the Financial Action Task Force (FATF), the virtual asset ecosystem has seen the rise of Anonymity-Enhanced Cryptocurrencies (AECs), mixers and tumblers, decentralised platforms and exchanges, privacy wallets, and other types of products and services that enable or allow for reduced transparency and increased obfuscation of financial flows. New illicit financing typologies continue to emerge, including the increasing use of virtual-to-virtual layering schemes that attempt to further muddy transactions in a comparatively easy, cheap and anonymous manner, the report said. These comments assume significance in the context of ongoing debates on whether India should ban private cryptocurrencies or not. The RBI, time and again, has highlighted the deeper macroeconomic concerns posed by the unregulated private cryptocurrency market in India. However, the central bank is open to the idea of introducing a Central Bank Digital Currency (CBDC).
The report reflects the collective assessment of the Sub-Committee of the Financial Stability and Development Council (FSDC) on risks to financial stability and the resilience of the financial system. The aggregate market capitalisation of the top 100 cryptocurrencies has reached $2.8 trillion in the emerging market economies that are subject to ca
By VARINDIA| 8 views
In a frontal attack on the Congress, Prime Minister Narendra Modi on Thursday alleged that those who imposed Emergency, "bullied" the judiciary and insulted the Army were accusing him of destroying institutions. Hitting out at the Congress, Modi said for some BC stands for 'before Congress' and AD for 'after dynasty'.
By The Economic Times| 1873 views
Goa means Happiness, Nature, Tourism but now Goa means new model of development: PM Modi
#Goa #GoaNews #NarendraModi #Development #PramodSawant
Goa means Happiness, Nature, Tourism but now Goa means new model of development: PM Modi
By ingoanews| 148 views
Congress means 'scam', BJP means 'scheme': C T Ravi
Congress means 'scam', BJP means 'scheme': C T Ravi
By ingoanews| 100 views
'Development' means the BJP!
'Law and Order' means the BJP!
'Transparency' means the BJP!
'Governance' means the BJP!
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'Development' means BJP, 'Division' means Congress
By Bharatiya Janata Party Delhi| 41 views
Voting for JD(S) means voting for Congress, and voting for Congress means lifting the ban from PFI.
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Voting for JD(S) means voting for Congress, & voting for Congress means lifting the ban from PFI
By Bharatiya Janata Party Delhi| 61 views
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By DB Live| 171 views
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By DB Live| 419 views
Manish Kumar of Grex explains why we really need cryptocurrencies and future of the cypto-market in India post RBI ban on trading.
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By JANTV RAJASTHAN| 0 views
Special Briefing on the Visit of President of Maldives to India (August 02, 2022)
By Ministry of External Affairs, India| 194307 views
Education ???? पर Arvind Kejriwal की जबरदस्त Speech ???? | Latest Motivational Speech | Aam Aadmi Party
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Education ???? पर Arvind Kejriwal की जबरदस्त Speech ???? | Latest Motivational Speech | Aam Aadmi Party
By AAP| 209312 views
#DYK India is the largest #Software exporter in the world? As India completes #75yearsofIndependence, let's look at the country's IT journey over the last 75yrs.
#IndiaAt75 #HarGharTiranga #AmritMahotsav #CIICelebratesIndiaat75
CII Celebrates India@75 - India's IT Journey@75
By CII| 226558 views
Prime Minister Narendra Modi
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India observes Independence Day with patriotic fervour
By PMOfficeIndia| 248620 views
Blatant Violation of model code of conduct in Odisha
Watch Blatant Violation of model code of conduct in Odisha With HD Quality
By Dharmendra Pradhan| 818225 views
Mr Bhupesh Baghel, CM, Chhattisgarh in conversation with Dr Jyotsna Suri, Past President, FICCI at #FICCIAGM.
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By FICCI India| 637243 views
The Indian government is in the process of framing a national law to regulate the cryptocurrency market. In a fresh statement the Reserve Bank of India said, the use of Private cryptocurrencies pose immediate risks to customer protection and anti-money laundering (AML) and combating the financing of terrorism (CFT), the Reserve Bank of India (RBI) and Financial Stability Report (FSR) noted. They are also prone to frauds and to extreme price volatility, given their highly speculative nature. Longer-term concerns relate to capital flow management, financial and macro-economic stability, monetary policy transmission and currency substitution," the report said.
According to the Financial Action Task Force (FATF), the virtual asset ecosystem has seen the rise of Anonymity-Enhanced Cryptocurrencies (AECs), mixers and tumblers, decentralised platforms and exchanges, privacy wallets, and other types of products and services that enable or allow for reduced transparency and increased obfuscation of financial flows. New illicit financing typologies continue to emerge, including the increasing use of virtual-to-virtual layering schemes that attempt to further muddy transactions in a comparatively easy, cheap and anonymous manner, the report said. These comments assume significance in the context of ongoing debates on whether India should ban private cryptocurrencies or not. The RBI, time and again, has highlighted the deeper macroeconomic concerns posed by the unregulated private cryptocurrency market in India. However, the central bank is open to the idea of introducing a Central Bank Digital Currency (CBDC).
The report reflects the collective assessment of the Sub-Committee of the Financial Stability and Development Council (FSDC) on risks to financial stability and the resilience of the financial system. The aggregate market capitalisation of the top 100 cryptocurrencies has reached $2.8 trillion in the emerging market economies that are subject to ca
By VARINDIA| 8 views
In a frontal attack on the Congress, Prime Minister Narendra Modi on Thursday alleged that those who imposed Emergency, "bullied" the judiciary and insulted the Army were accusing him of destroying institutions. Hitting out at the Congress, Modi said for some BC stands for 'before Congress' and AD for 'after dynasty'.
By The Economic Times| 1873 views
Goa means Happiness, Nature, Tourism but now Goa means new model of development: PM Modi
#Goa #GoaNews #NarendraModi #Development #PramodSawant
Goa means Happiness, Nature, Tourism but now Goa means new model of development: PM Modi
By ingoanews| 148 views
Congress means 'scam', BJP means 'scheme': C T Ravi
Congress means 'scam', BJP means 'scheme': C T Ravi
By ingoanews| 100 views
'Development' means the BJP!
'Law and Order' means the BJP!
'Transparency' means the BJP!
'Governance' means the BJP!
Whereas,
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'Casteism' means Congress!
'Division' means Congress!
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'Development' means BJP, 'Division' means Congress
By Bharatiya Janata Party Delhi| 41 views
Voting for JD(S) means voting for Congress, and voting for Congress means lifting the ban from PFI.
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Voting for JD(S) means voting for Congress, & voting for Congress means lifting the ban from PFI
By Bharatiya Janata Party Delhi| 61 views
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RBI को जल्द मिलेगा नया डिप्टी गवर्नर | RBI will soon get new deputy governor | RBI LATEST NEWS
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By DB Live| 171 views
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Watch RBI और मोदी सरकार में फिर ठनेगी! | Jalan Panel Finalises Report On RBI Capital | RBI Latest news With HD Quality
By DB Live| 419 views
Bigg Boss 17 WKW Update | Karan Kundra Ki Hogi Entry, Salman Ke Samne Dikhenge
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Bigg Boss 17 WKW Update | Karan Kundra Ki Hogi Entry, Salman Ke Samne Dikhenge
By Bollywood Spy| 145 views
Bigg Boss 17 LIVE | Tissue Ko Lekar Isha Ne Samarth Se Kiya Jhagda
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Bigg Boss 17 LIVE | Tissue Ko Lekar Isha Ne Samarth Se Kiya Jhagda
By Bollywood Spy| 51 views
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Bigg Boss 17 OPENING VOTING Trend | Kaun Hoga Ghar Se Beghar?
By Bollywood Spy| 57 views
Soniya Bansal, the first contestant to get eliminated from Salman Khan’s Bigg Boss 17, recently sat down for a candid conversation with Bollywood Bubble host Rashita Sahni. The actress slammed Isha Malviya for sharing her bed with ex-boyfriend Abhishek Kumar despite being in a relationship with Samarth Jurel. She called out Mannara Chopra for using sisters Priyanka Chopra & Parineeti Chopra to get fame outside the BB house. Soniya also spoke about Munawar Faruqui’s inappropriate touch, Vicky Jain’s toxic behaviour towards wife Ankita Lokhande and Salman Khan’s biased behaviour on Weekend Ka Vaar. Watch the full interview here!
#soniyabansal #biggboss17
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Soniya Bansal slams Isha Malviya’s relationship with Abhishek-Samarth & Vicky Jain’s toxic behaviour
By Bollywood Bubble| 75 views
On Bigg Boss 17 we have seen the fastest wild card entries and these would only cause lots of fireworks on the show. Now as Samarth Jurel, who is Isha Malviya's boyfriend, enters the BB17 house as a contestant, he spoke to Bollywood Bubble's host Nawaz Kochra. From exposing the violence Abhishek Kumar inflicted on Isha to sharing how Isha's ex used to slap her and cause her harm. He even confirmed their relationship and shared how seeing Isha getting close to Abhishek left him heartbroken. Commenting on Isha being Ankita Lokhande's shadow, Samarth also explained how his entry will change the dynamics on the show. Watch this explosive interview here!
#samarthjurel #ishamalviya #bollywoodbubble
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Isha Malviya’s boyfriend Samarth Jurel exposes her ex Abhishek Kumar & his violence | Bigg Boss 17
By Bollywood Bubble| 157 views
Bhumi Pednekar recently appeared in the comedy Thank You For Coming and the film invited some extreme reactions from the viewers. While some praised the film for its bold concept, some shamed it for that. In an exclusive conversation with Bollywood Bubble host Akash Bhatnagar, Bhumi spoke about the latter group of people and slammed them for the shaming. She expressed her disappointment towards people who didn’t criticise the film but its intent. The actress discussed the prevalent gender bias and how people never took offence when she was a part of such stories told from a male perspective. She pointed out how Pankaj Tripathi and Akshay Kumar starrer OMG 2 was supported by the same people who shamed her film, when somewhere they dealt with the same subject. Bhumi revealed if not getting any support from women within the industry disappointed her. She highlighted the hypocrisy of the situation that people accept objectification of women but have a problem with them talking about their sexuality. You can watch the entire conversation here.
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Bhumi Pednekar on reaction to Thank You For Coming, OMG 2, lack of gender equality, viewer hypocrisy
By Bollywood Bubble| 344 views
It's time we celebrate ourselves and get high on self-love! Introducing you to Bollywood Bubble's brand new show 'BodyFaming'. A show that talks about loving your body, smashing age-old beauty norms and being comfortable in your own skin. Watch host Rashita Sahni get up close and personal with Bhumi Pednekar, Nawazuddin Siddiqui, Fatima Sana Shaikh, Mona Singh, Sobhita Dhulipala & Dolly Singh about dealing with body-shaming, getting over their inner insecurities and self-doubt and standing by the mantra - 'my body my rules'! Episodes drop every Tuesday at 2 PM only on Bollywood Bubble. Watch out.
#bodyfamingtrailer #bhumipednekar #nawazuddinsiddiqui #fatimasanashaikh
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BodyFaming Trailer:Bhumi Pednekar, Nawazuddin Siddiqui, Fatima Shaikh, Mona Singh, Sobhita & Dolly S
By Bollywood Bubble| 220 views
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Shahid Kapoor ने Wife को विश किया Birthday :बोले- तुम मेरे दिल की रानी हो, Share कीं तस्वीरें
By LNV India| 500 views
Bigg Boss 17 LATEST VOTING Trend | Kaun Hoga Ghar Se Beghar? | Isha, Samarth, Manasvi, Sana, Arun
#biggboss17 #ishamalviya #samarthjurel
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Bigg Boss 17 LATEST VOTING Trend | Kaun Hoga Ghar Se Beghar? | Isha, Samarth, Manasvi, Sana, Arun
By Bollywood Spy| 76 views
Tiger 3 Movie Gets 7 Am First Show On November 12
By Bollywood Crazies| 77 views