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Odisha to issue Aadhaar for newborns Odisha’s state government will enroll babies in Aadhaar (known as Baal Aadhaar) as soon as they are born...
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Odisha to issue Aadhaar for newborns Odisha’s state government will enroll babies in Aadhaar (known as Baal Aadhaar) as soon as they are born...
This article addresses the legal and practical ambiguities in understanding the complex crypto ecosystem in India.
The Biden administration is also exploring introducing a digital dollar.
The finance minister also indicated the government's stance on digital banking and IP-related concerns.
The government first announced its plans for a CBDC in January 2021, but the progress has been sluggish.
He also revealed that the RBI is working out the chinks in its CBDC project, but stopped short of providing a timeline.
Taking stock of projects in advanced stages, the IMF proposed ways to operationalise CBDCs and navigate their risks.
Recently, PM Modi said that the digital rupee "will be completely controlled and monitored."
CBDCs present the government with the opportunity to counter the surging adoption of private crypto like Bitcoin.
The proposed flat tax on crypto may be the talk of the town, but there's more to the government's budget plans around tech.