Current Affairs

GK MCQs Section

Page-2 of Topic: Cryptocurrency

Myanmar: NU Government officially accepts Tether cryptocurrency

Myanmar’s shadow government has allowed the use of world’s largest cryptocurrency called Tether. Key Points Tether Cryptocurrency will be used as an official currency. This move will make...

December 14, 2021

RBI Governor on cryptocurrency

Governor of Reserve Bank of India (RBI), Shaktikanta Das raised alarm on cryptocurrencies and cautioned investors on potential pitfalls of digital currency. Highlights From a macro economic and...

November 11, 2021

IMF Report on Crypto Ecosystem

The International Monetary Funds (IMF) has released its report called “Global Financial Stability Report”, highlighting how digital currency assets brings in financial stability challenges. Key findings of report...

October 2, 2021

Cuba to recognise and regulate cryptocurrencies

On August 26, 2021 Government of Cuba announced to recognize and regulate cryptocurrencies for payment in the Island nation. Highlights This decision was taken following the popularity of...

August 27, 2021

What is a Bitcoin Hardware Wallet?

Square’s hardware head, Jesse Dorogusker, announced recently that company is going to start building a hardware wallet and accompanying service for cryptocurrency, Bitcoin. This decision was taken in...

July 13, 2021

UK bans World’s Largest Crypto Exchange

Britain’s financial regulator, Financial Conduct Authority (FCA), has banned world’s largest cryptocurrency exchanges, Binance. Key Points Binance cannot conduct any regulated activity as it will come under growing...

June 29, 2021

El Salvador: First country to formally adopt bitcoin as legal tender

El Salvador has become the first country to formally adopt bitcoin as legal tender.  Proposal to legalise cryptocurrency was put forward by President Nayib Bukele which was later approved by...

June 9, 2021

What is NFT Marketplace?

The WazirX, one of the leading cryptocurrency exchanges has recently launched India’s first market place for NFT. NFT is Non-Fungible Tokens. The launch will now allow Indian creators...

April 6, 2021

India to Propose Cryptocurrency Ban

India is preparing to propose for a law to ban the cryptocurrencies, to fine anyone who is trading in India or to fine anyone even for holding such...

March 15, 2021

India’s New Central Bank Digital Currency

The Reserve Bank of India (RBI) is in process of examining if India needs a new central bank digital currency (CBDC) and is exploring ways to operationalise the...

January 27, 2021

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