by AIP Online Bureau | May 15, 2022 | Eco/Invest/Demography, Indian News, Policy, Regulation, Technology
Pointing out that cryptocurrencies have the potential to be a medium of exchange and replace the rupee in financial transactions both domestic and cross border, central bank officials said these currencies “can replace a part of monetary system it will also...
by AIP Online Bureau | May 15, 2022 | Articles, Eco/Invest/Demography, Trends, Facts, Wealth Management/ Philanthropy
Crucially, the recent major falls in cryptocurrencies have called into question just how stable stablecoins are. After all, they are designed to have practically zero volatility by maintaining a “peg” to some other underlying asset If you had invested £100...
by AIP Online Bureau | Apr 20, 2022 | Eco/Invest/Demography, International News, Technology
“It is critical that this industry is highly aware that we are being targeted by a state-sponsored cybercrime organization that is extremely resourceful and sophisticated,” Cheong said on Twitter All prominent cryptocurrency organizations are probably being targeted...
by AIP Online Bureau | Apr 19, 2022 | Eco/Invest/Demography, International News, Policy, Technology, Wealth Management/ Philanthropy
India’s finance minister Nirmala Sitharaman “If I use 2019 data, the digital adoption rate in India is about 85 per cent. But globally that same year it was only somewhere near 64 per cent. So the pandemic time actually helped us to test and prove for...
by AIP Online Bureau | Apr 10, 2022 | Eco/Invest/Demography, Facts, Wealth Management/ Philanthropy
The 2022-23 Budget has brought in clarity with regard to levy of income tax on crypto assets. From April 1, a 30 per cent income tax plus cess and surcharges will be levied on such transactions in the same manner as the tax law treats winnings from horse races or...
