Page-5 of Currency
Marshall Islands to become world’s first country to issue digital legal tender “Sovereign”
The Republic of the Marshall Islands (RMI) will become the first sovereign nation to issue a cryptocurrency that will be legal tender. The new currency is called “Sovereign” with the symbol “SOV”. The SOV will be distributed to the public ..
Pluto Exchange launches India’s first bitcoin trading app
Pluto Exchange will launch the India’s first bitcoin trading app for transacting in virtual currencies. The Pluto Exchange mobile app offers a solution to the coordination problem between payment processors, financial gateways and banks. Pluto Exchange will enable transactions using ..
New Rs 50 Banknotes to be introduced in Mahatma Gandhi Series
The Reserve Bank of India has announced that it will issue Rs 50 denomination banknotes in the Mahatma Gandhi Series-2005. The new notes will have inset letter ‘L’, ‘R’ in both the number panels with the signature of Dr Urjit ..
Bharat Bandh on Nov 28 against demonetisation
United Opposition consisting of major political parties like Congress, Trinamool Congress, and the BSP have given a call for nationwide Bharat Bandh to escalate their protest over the demonetisation drive of the union government. They said they will observe November ..
Government denies intentions to demonetise 100 and 50 rupee notes
The union government has categorically said that it has no intention to demonetise Rs 100 and Rs 50 notes to dispel rumours which are making rounds in various platforms like social media. It has issued a series of tweets to ..
RBI extends deadline to exchange pre-2005 notes to June 30, 2016
Reserve Bank of India (RBI) has extended the deadline for exchanging pre-2005 currency notes of various denominations by another six months to June 30, 2016. From January 1, 2016 such facility for exchanging pre-2005 currency notes will only be available ..