In October 2021, the government received a request from the Reserve Bank of India (RBI) to alter the Reserve Bank of India Act, 1934 to broaden the definition of "bank note" to include digital currency. "Central Bank Digital Currency (CBDC) is introduced by a Central Bank," the finance ministry wrote in response to a question about CBDC. Furthermore, the digital rupee is a very welcome step that will play a significant function in propelling India into the digital era of innovation, with numerous advantages over traditional physical currency," stated Raja Gopalakrishnan, executive vice president of FIS' Global Real Time Payments. "Rather than being outright prohibited, cryptocurrency in India needs to be controlled with a legal structure." Crypto is a unique asset class because it has no underlying intrinsic value other than demand and supply, similar to stamps or jewellery. During Rajya Sabha question hour, Sitharaman stated that the government will shortly introduce a bill on cryptocurrency. The RBI and SEBI are taking steps to raise awareness. The channel is very popular in both North and South Indian states. Zee News excels in providing the latest news in Hindi. The channel has a beautiful tagline saying Soch Badlo Desh Badlo meaning Change your thinking to Change your country.
"This is a high-risk area that lacks a comprehensive regulatory structure." There was no determination made on whether or not its commercials should be banned. Zee News is an Indian News Channel and is a part of Zee Media Corporation. It will be implemented after Cabinet approval. Segment Zee Top 50 is a part of Zee Newss important news bulletins in which we cover all the. The government is close to submitting the crypto bill to Parliament, according to Sitharaman. In this section, you will find the top news stories of the day. China has set up new modular container-based accommodation (temporary tents) for its troops in several high altitude forward areas along the Line of Actual C.