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 digital assets. India will be rolling out the rule in a potential ..

Month: Current Affairs - March, 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 digital currency. Highlights The statement from the RBI has come in the ..

Month: Current Affairs - January, 2021

What is Diem?

Facebook-backed cryptocurrency Libra has been rebranded as “Diem” to gain regulatory approval by emphasising that the project has “organisational independence”. The independent organisation, Libra Association, which runs the Libra project will also be renamed as the Diem Association. Diem is ..

Month: Current Affairs - December, 2020

What is Ethereum 2.0?

The Ethereum is a crypto currency. Recently, it was launched in a faster, cheaper and more environmentally friendly platform, as the upgraded version called ‘Ethereum 2.0’. What is Ethereum? Ethereum is a decentralised and open source blockchain platform, which is ..

Month: Current Affairs - December, 2020

SC Ruling on Cryptocurrency Ban

The Supreme Court quashed ban on cryptocurrency imposed by the Reserve Bank of India. This is expected to revive the almost extinct industry in India. Cryptocurrency Cryptocurrency is a virtual or digital currency secured by cryptography. Its notable features include ..

Digital Gurukul First Institute to Offer Blockchain-Powered Certificates in India

Indore based Digital Gurukul started in 2014, offers complete digital marketing training to students and working professionals, has become the first Digital institute in India to offer Blockchain-Powered Certificates. Digital Gurukul has partnered with German company ‘Certif-ID’ to issue blockchain-powered ..