The International Monetary Fund recently unveiled a Crypto Action plan to safeguard monetary sovereignty in the world. The action plan will help countries to frame their crypto policies. The following are the nine points: Details how a country should treat ..
On February 1, 2022, the Union Finance Minister Nirmala Sitaraman presented the Union budget 2022-23. The budget focuses on macro economic growth, energy transition, promoting digital economy, climate action, tech enabled development, crowding in private investment. Here are the highlights ..
Category: Economy & Banking Current Affairs - 2023
The International Monetary Fund recently asked El Salvador to remove the legal status of bitcoin. What happened? In September 2021, El Salvador became the first country to allow its consumers to use cypto currencies. Fear arose all over the country ..
As per owner of Twitter, Jack Dorsey, his payments venture Square will partner with blockchain technology firm Block-stream Mining in a bid to build an open-source, solar-powered bitcoin mining facility in United Nations. Aim of the move Launch of solar-powered ..
Month: Current Affairs - June, 2021
SpaceX is to launch DOGE-1, a satellite that is completely funded with crypto currency. Days earlier Musk did mention about DOGE crypto currencies in a TV show he was hosting. He also admitted in the show that he had Asperger’s ..
Month: Current Affairs - May, 2021
The Bitcoin currency tumbled more than 4% after the Central Bank of Turkey banned the use of Crypto currencies and crypto assets for purchases. The bank cited possible irreparable damages and transaction risks as the reason for the ban. The ..