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With Finance Minister Nirmala Sitharaman publicly confirming the initiative during her Budget 2022 speech, India's own digital currency will soon be a reality. Sitharaman said in her fourth Budget that the Reserv...With Finance Minister Nirmala Sitharaman publicly confirming the initiative during her Budget 2022 speech, India's own digital currency will soon be a reality. Sitharaman said in her fourth Budget that the Reserve Bank of India (RBI) would introduce digital money in 2022-23. She also stated that it would provide a significant boost to the economy.According to Prime Minister Narendra Modi, India's new blockchain-based digital currency would simply be a virtual version of the regular Indian rupee (INR), the country's official currency, which now exists in a physical form. According to Prime Minister Narendra Modi, the Reserve Bank of India (RBI), which controls the issuance of this currency, would also govern digital money.What are the essentials about digital currency as per the PM?The Prime Minister said that the "people-friendly" annual financial statement has made adequate provisions for India's upcoming digital currency, keeping in mind the rapidly changing financial scene, increasingly dealing with cryptocurrencies and non-fungible tokens (NFTs) and other forms of digital assets.Prime Minister Modi explained the nature of this virtual money, saying that it may be traded for its physical equivalent because the two are identical in value but differ only in appearance. He believes that this currency would help to enhance the digital economy and the fintech industry.CBDC, he added, is not analogous to the private virtual currencies that have exploded in popularity during the previous decade. What is the view of the Reserve Bank of India on digital currency?The Reserve Bank of India has stated several times that cryptocurrencies such as BitCoin, Ethereum, and Dogecoin, among others, constitute a threat to financial stability. The central bank has also questioned the worth of cryptocurrencies, warning investors not to be "lured" by promises of high returns on these digital assets.According to Shri T Rabi Sankar (Deputy Governor, Reserve Bank of India), private virtual currencies conflict with the historical idea of money.Please Note: The information was last updated on 22/02/2022

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digital currency

With Finance Minister Nirmala Sitharaman publicly confirming the initiative during her Budget 2022 speech, India's own digital currency will soon be a reality. Sitharaman said in her fourth Budget that the Reserve Bank of India (RBI) would introduce digital money in 2022-23. She also stated that it would provide a significant boost to the economy.According to Prime Minister Narendra Modi, India's new blockchain-based digital currency would simply be a virtual version of the regular Indian rupee (INR), the country's official currency, which now exists in a physical form. According to Prime Minister Narendra Modi, the Reserve Bank of India (RBI), which controls the issuance of this currency, would also govern digital money.What are the essentials about digital currency as per the PM?The Prime Minister said that the "people-friendly" annual financial statement has made adequate provisions for India's upcoming digital currency, keeping in mind the rapidly changing financial scene, increasingly dealing with cryptocurrencies and non-fungible tokens (NFTs) and other forms of digital assets.Prime Minister Modi explained the nature of this virtual money, saying that it may be traded for its physical equivalent because the two are identical in value but differ only in appearance. He believes that this currency would help to enhance the digital economy and the fintech industry.CBDC, he added, is not analogous to the private virtual currencies that have exploded in popularity during the previous decade. What is the view of the Reserve Bank of India on digital currency?The Reserve Bank of India has stated several times that cryptocurrencies such as BitCoin, Ethereum, and Dogecoin, among others, constitute a threat to financial stability. The central bank has also questioned the worth of cryptocurrencies, warning investors not to be "lured" by promises of high returns on these digital assets.According to Shri T Rabi Sankar (Deputy Governor, Reserve Bank of India), private virtual currencies conflict with the historical idea of money.Please Note: The information was last updated on 22/02/2022

Digital currency wallets to be used for study loan subsidies

The government is collaborating with banks to implement a system for routing and settling interest subsidies on education loans through digital currency wallets. This initiative aims to integrate with the Unified Portal for Education Loan, enhance the efficiency of subsidy claims, and reduce fraud by using Central Bank Digital Currency (CBDC).

'Capt Crypto' Trump targets Fed freedom

Donald Trump's plan to hold cryptocurrencies like bitcoin and ether as a strategic reserve using taxpayer money raises concerns due to their volatility. This move, alongside rolling back crypto regulations, aims to institutionalize cryptos but also undermines central banks' autonomy. Central bankers are unlikely to stockpile such volatile assets, preferring fiat coins for stability.

Is RBI's CBDC initiative just another digital mirage?

Launched by RBI in 2022, CBDC aimed to reduce India's reliance on the dollar and counter cryptocurrencies. Despite lackluster adoption, fintech companies like CRED and MobiKwik are introducing CBDC wallets, envisioning potential to challenge UPI giants like PhonePe and Google Pay.

Fintech startup Mintoak buys payments company Digiledge

The startup, which is backed by Pravega Ventures, HDFC Bank, and PayPal, will use the funds to acquire firms that offer complimentary services to small enterprises. Its first buy, Digiledge, offers bill payments and CBDC.

Now a believer, Trump hosts White House crypto summit

Donald Trump on Friday hosts top cryptocurrency players at the White House, a political boost for an industry that has struggled to gain legitimacy and where the Republican president faces conflict of interest concerns.

'Crypto Czar', Silicon Valley investors to meet Donald Trump. Big Cryptocurrency order coming soon?

US President Donald Trump is reportedly meeting top Cryptocurrency investors.

Trump signs order to establish strategic bitcoin reserve

Attendees at Friday's White House crypto summit expect the event to serve as a stage for Trump to formally announce his plans to build a strategic reserve containing bitcoin and four other cryptocurrencies. Earlier this week, Trump announced the names of five digital assets he expects to include in this reserve, spiking the market value of each. The five are bitcoin, ether, XRP, solana and cardano, the president said.

Trump to host crypto titans at White House summit, pledges to make US a crypto superpower

US President Donald Trump will host a White House summit to support the crypto industry, including top figures like David Sacks and the Winklevoss twins. His administration aims to provide regulatory clarity and legitimacy, despite past controversies and potential conflicts of interest.

Trump's Crypto Czar David Sacks sells off all personal virtual currency assets before taking the White House top spot; Here's why

David Sacks, appointed by President Trump to lead the AI and cryptocurrency strategy, announced that he sold all his personal cryptocurrencies, including Bitcoin, Ethereum, and Solana, before starting his role. This move was to eliminate any potential conflict of interest. Despite this, a market drop in some digital currencies was noticed shortly after his announcement.

State-backed North Korean cyber thieves pull off largest crypto heist in history, steal $ 1.5 billion worth assets

North Korean hackers carried out the largest cryptocurrency heist in history, stealing $1.5 billion from the Dubai-based exchange Bybit. The cyberattack, allegedly carried out by the notorious Lazarus Group, demonstrates Pyongyang's increasing reliance on cybercrime to fund its regime and military programs.

At crypto summit, Donald Trump says US will be 'the Bitcoin superpower'

Trump was holding a first-of-its-kind "crypto summit," meeting face-to-face with the leaders of virtually all of the top crypto companies in the United States. Only a small portion of the gathering, which was scheduled to last four hours, was broadcast to the public. But it offered a vivid illustration of Trump's recent embrace of crypto, a renegade industry that has spent years battling with U.S. regulators.

CBI conducts searches at 60 locations in Rs 6,600 crore GainBitcoin cryptocurrency scam

The CBI conducted nationwide raids at 60 locations in connection with the Rs 6,600 crore GainBitcoin scam. The scheme, led by Amit and Ajay Bhardwaj, promised high returns through 'cloud mining' contracts but later switched payouts to a less valuable cryptocurrency. Multiple FIRs led to the investigation being handed to the CBI by the Supreme Court.

Trump names cryptocurrencies to be in strategic reserve; prices spike

US President Donald Trump announced a new U.S. crypto strategic reserve including XRP, SOL, and ADA, causing a significant market uplift. The move is part of his efforts to make the U.S. the Crypto Capital of the World and gain industry support for his 2024 election bid.

Trump signs order to establish strategic bitcoin reserve

Bybit $1.5 billion stolen: Here’s how the biggest crypto heist took place

Cryptocurrency exchange Bybit lost around $1.5 billion to hackers in February this year. Recently, the Federal Bureau of Investigation (FBI) held North Korea responsible for the biggest crypto heist in history and referred to the malicious cyber activity as 'TraderTraitor'. Here we take a look at what exactly led to the incident.

Trump’s Strategic Bitcoin Reserve plan: What’s next for crypto? Here's what experts think

Trump's Strategic Bitcoin Reserve plan removes $17B in selling pressure, potentially stabilizing Bitcoin. The Crypto Summit may define U.S. regulations, impacting market sentiment. Experts see long-term growth, but uncertainty remains. India's restrictive policies risk losing crypto talent.

Bitcoin falters as optimism wanes on Trump's crypto reserve plan

Bitcoin experienced fluctuations after President Trump's proposal for a national strategic crypto reserve. Initial optimism turned to caution, impacting various cryptocurrencies like bitcoin, ether, and XRP. Investors and analysts have expressed concerns about the initiative potentially benefiting insiders at the expense of taxpayers. Despite excitement in the crypto industry, regulatory uncertainties persist.

Bitcoin falters as optimism wanes on Donald Trump's crypto reserve plan

Trump said his January executive order on digital assets would create a stockpile of currencies, including bitcoin , ether, XRP, Solana and Cardano. The names had not previously been announced. Bitcoin and Ether will be at the heart of this reserve, he said in a post on Sunday that sent bitcoin up by a fifth from the November lows.

Trump names cryptocurrencies to be in strategic reserve; prices spike

Trump said on social media that his January executive order on digital assets would create a stockpile of currencies including XRP (Ripple), SOL (Solana), and ADA (Cardano).

5 Wall Street moguls who dismissed Bitcoin as a fad — Guess what they’re saying now!

Bitcoin’s rise to a $2 trillion asset has forced Wall Street skeptics, including Larry Fink and Ken Griffin, to reassess their views. Larry Fink once viewed it as a money laundering tool, now his firm runs a $60 billion Bitcoin ETF. While Jamie Dimon remains critical, institutions' adoption signals a growing acceptance of cryptocurrency in global finance.

Ethereum, Solana, and Trump’s big crypto reserve gamble—What investors need to know

President Donald Trump has unveiled the United States Strategic Crypto Reserve, a groundbreaking initiative aimed at integrating digital assets into the nation’s financial infrastructure. The move sparked an immediate crypto market rally, with Bitcoin and Ethereum leading the surge. While details remain unclear, the reserve could redefine global crypto regulation and US financial policy. This shift highlights Trump's evolving stance on cryptocurrency, positioning the US at the forefront of digital finance while raising questions about future regulatory strategies and market stability.

Trump's White House Crypto Summit is in focus. Will Bitcoin be integrated into US financial strategy?

White House Crypto Summit: President Donald Trump will host his first White House crypto summit this Friday and there's a lot of buzz around it. The high-profile event attracted significant attention across the industry and is expected to include more than 25 participants. Commerce Secretary Howard Lutnick has dropped hints that Bitcoin may be integrated into the U.S. financial strategy, according to media reports.

Meme coin hype fizzles as Donald Trump cashes in; crypto fans left wondering if the pump was just another political payday

The excitement around meme coins like Official Trump (TRUMP) and Melania Meme (MELANIA) has significantly dwindled as their values plummet. Despite the initial surge driven by Trump's meme coins, these are now worth only a fraction of their peak. The larger downturn in major cryptocurrencies like Bitcoin and Solana, along with automated trading, has exacerbated the decline.

Crypto prices tumble as Trump-fuelled euphoria fades

Cryptocurrency prices are down sharply in recent weeks and not expected to rebound soon, with some of the biggest digital currencies erasing nearly all of the gains they made after Donald Trump's election win triggered a wave of excitement across the industry.

The five cryptocurrencies Trump wants the US to hold in reserve

President Donald Trump has announced the inclusion of XRP, SOL, ADA, bitcoin, and ether in a new U.S. government strategic crypto reserve. This decision has led to significant price surges for the chosen cryptocurrencies. The executive order aims to bolster the digital asset industry.

Pi Coin’s next move: Can it hit $100 and beyond?

Pi Network launched its Open Mainnet on February 20, 2025, marking its shift to full decentralization. Pi Coin saw significant price fluctuations, reaching $1.97 before dropping and rebounding. As of February 24, 2025, it trades at $1.55. Analysts are divided on whether Pi Coin can reach $100 or even $500, with challenges in adoption and regulatory approval.

Big day for crypto goes south in a hurry after a giant hack

A series of policy changes in Washington are poised to encourage millions of investors to dabble in crypto for the first time, despite the industry's continued struggles to police and prevent criminal activity. The hack was a reminder that, for all its growing influence in politics, crypto remains something of an international free-for-all -- a chaotic market in which even the most experienced investors sometimes suffer extreme losses.

Amazon to shut down Android Appstore and Amazon Coins programme by August 2025

A new FAQ page on Amazon’s website has revealed that access to the Amazon Appstore on Android devices will be discontinued from August 20, 2025. Users will no longer be able to download or update apps, and active subscriptions should be cancelled. Amazon is also shutting down its Amazon Coins programme, impacting in-app purchases and digital transactions.

GainBitcoin scam case: CBI seizes cryptocurrencies worth over Rs 23.94 crore

The agency has sent the electronic devices for forensic analysis to uncover further details regarding the misappropriation of funds and potential international transactions linked to the scam, the officials said.

The economic potential of cryptocurrencies in India's $7 trillion vision

India's cryptocurrency market is expanding rapidly, driven by financial inclusion and digital innovation. However, regulatory uncertainty and high taxes hinder growth. Clear policies, education, and supportive regulations can unlock crypto’s economic potential, fostering blockchain adoption and financial efficiency.

Weak rupee and tougher visas: A double whammy for Indian students abroad

The fall in the rupee's value against the dollar increases the financial burden for Indian students studying abroad, impacting loan repayments and living costs. Tighter visa regulations in the UK and Canada exacerbate these challenges. Experts suggest securing loans early and exploring scholarships to mitigate expenses.

AI can assist but cannot replace human judgment, says former CJI Chandrachud

Former Chief Justice of India, DY Chandrachud, emphasized the need to balance innovation in virtual courts with judicial integrity and fair trial concerns, while also addressing issues like AI in legal processes, cybersecurity threats, and equitable affirmative action policies to ensure diversity and combat structural barriers.

Trump effect! Big relief for Crypto giant Coinbase as SEC drops 2023 lawsuit against Cryptocurrency firm

SEC is reportedly dropping a lawsuit against Cryptocurrency giant Coinbase.

Bitcoin slides under $90000, erasing some of gains made under Trump

Bitcoin, the world's most popular cryptocurrency, was trading at about $89,000 as the US stock market opened. That's down from about $106,000, which was the price around Trump's inauguration.

Crypto firm pleads guilty to operating illegally in US

Financial firms, including crypto currency exchanges, that operate in the United States are required to register with federal regulators as a money transmitting business in order to comply with anti-money laundering laws.

Amazon to shut down Android app store, discontinue Coins

Customers will no longer have access to the Amazon Appstore on their Android devices from August 20, 2025, according to a notification on the company’s support page. It also announced the discontinuation of the Amazon Coins programme on the same date, with Coins no longer available for purchase from 20th February 2025.

How Warren Buffett’s right-hand man Charlie Munger built an empire by learning what not to do?

Charlie Munger, the legendary investor and longtime Berkshire Hathaway vice chairman, built his success on caution, discipline, and a no-nonsense approach to life and business. Rejecting extravagance, he lived simply, avoided risky trends like cryptocurrency, and urged businesses to focus on what works. His influence shaped Berkshire Hathaway and Costco, where he championed long-term thinking. Munger’s legacy is a masterclass in avoiding mistakes, resisting excess, and staying rational—principles that continue to guide investors and businesses long after his passing.

Pi Network Coin’s 62% crash explained—Why it declined and what it means for crypto enthusiasts

Pi Network Coin, the newest cryptocurrency mined on smartphones, experienced a sharp 62.63% drop following its listing. However, with major exchanges now supporting it and over 110 million users on board, the coin holds potential. Experts predict a bright future for Pi, with expectations it could surpass $500 by 2030.

Pi Coin price plunges over 55% after launch: 5 factors behind the sharp drop!

Pi Coin plunged over 55% within 24 hours of launch, impacted by early miners selling, absence from Binance, limited real-world utility, and market uncertainty. Analysts expect price recovery as selling pressure eases.

Could Pi Coin soar to $500? Mainnet launch and Binance listing could be game-changers

Pi Coin's price has doubled in recent weeks, nearing the $100 mark. Analysts suggest breaking this psychological resistance with strong volume could push it to $120-$150 or higher. However, failure to break through may lead to a drop to $40-$50, presenting a potential accumulation phase before another upward move, according to Fortune India.

Crypto exchange platform BestChange in the dark over Russia block

Circulating and advertising digital currencies is banned in Russia, although using cryptocurrency for international payments is now legal, as is cryptocurrency mining. BestChange said new regulations around crypto could be behind the ban, or an issue with an entity using its service.

Argentina’s $LIBRA scandal: President Javier Milei under fire after cryptocurrency collapse

Argentine President Javier Milei faces intense scrutiny after his endorsement of the cryptocurrency $LIBRA, which saw a rapid rise and sudden crash, causing significant investor losses. Allegations of a potential scam and calls for impeachment arise as an investigation is underway.

Banks, fintechs await UPI subsidy payouts amid cuts in total outlay

Banks and fintech firms are awaiting subsidy payments from the government for promoting digital payments. Despite applications being filed, no funds have been received so far. The subsidy program compensates banks for waived merchant discount rates (MDR).

Lost Bitcoin fortune: Engineer’s mission to reclaim $780 million from Welsh landfill

James Howells has spent a decade trying to recover a hard drive containing 8,000 bitcoins worth $780 million, lost in 2013 and buried in a Welsh landfill. Newport City Council has denied his excavation requests due to environmental concerns. Howells plans to appeal the High Court’s recent dismissal of his case.

Five altcoins to watch during the next Bitcoin (BTC) rally

XRP, Solana, Cardano, Avalanche, and Rexas Finance are gaining traction among investors due to their unique technologies and market potential. Notable price increases and trading volume shifts highlight their appeal. Rexas Finance, nearing its twelfth presale stage, shows substantial growth, underpinned by its Real World Assets strategy and upcoming market launch.

'Crypto President' of USA! Take a look at Donald Trump's ties with Cryptocurrency

US President Donald Trump has taken favourable stance on Cryptocurrency.

ED makes biggest single-day seizure as part of $2.4 bn global crypto scandal

The Enforcement Directorate (ED) seized assets worth ₹1,646 crore in its largest-ever single search operation, probing a global $2.4-billion cryptocurrency Ponzi scheme. Mastermind Satish Kumbhani, indicted in the US, is traced to Ahmedabad with investigations linking to fraudulent activities in over 40 countries.

Crypto Price Today: Bitcoin falls below $96,000; Dogecoin, Sui drop up to 8%

Bitcoin and major altcoins declined up to 8% after Fed Chair Powell's comments on stablecoin regulation. Bitcoin fell 2.5% to $95,892, while Ethereum dropped 4.14%. Market sentiment remains cautious ahead of CPI data. Experts highlight key resistance at $98,200 for Bitcoin’s next move. Stablecoins dominated trading volume at $94.9 billion.

Elon Musk is calling himself 'Harry Bōlz' on X. The name change has created buzz in the crypto world

Elon Musk has changed his display name on X to 'Harry Bōlz' and this has shaken the world of cryptocurrency. Musk’s latest username switch has sparked speculation, especially given his history of using internet humor and memes to engage his audience. The billionaire had briefly switched to the same account name in April 2023.

What is behind the ‘Harry Bōlz’ madness? Elon Musk’s name change on X sparks crypto frenzy

Elon Musk changed his X display name to Harry Bōlz. This caused a cryptocurrency with the same name to increase in value. His unpredictable online behavior continues to create significant impacts on the cryptocurrency market. Musk's actions show how his social media activity influences financial markets and keeps his businesses in the public eye.

Brazil's Galipolo sees surge in crypto use, says 90% of flow tied to stablecoins

Brazil's central bank chief Gabriel Galipolo notes a surge in crypto asset usage, driven largely by stablecoins. This trend, primarily for international payments, presents regulation challenges. He highlights Brazil's Drex project and suggests the potential for Pix to integrate with international instant payment systems.

Viral fame to crypto crash: Hawk Tuah girl’s boyfriend calls her out over lost money

Haliey Welch, known for her viral 'Hawk Tuah girl' video, recently addressed the fallout of her failed cryptocurrency, $HAWK token, which collapsed after initially reaching a $490 million valuation. Despite losing millions, Welch admitted to being misled and expressed regret for the investors' losses. She aims to rebuild her reputation amidst significant backlash.

Arthur Hayes says Bitcoin could hit $250,000; here's the reason he cited

Arthur Hayes claimed that Bitcoin is the last free market and foresees even higher gains as macroeconomic shifts push for cryptocurrency dependence.

Will Elon Musk put U.S Treasury on blockchain? Here's what he and his interns are proposing

Elon Musk suggested moving US Treasury operations to the blockchain to enhance transparency and efficiency. Critics worry about potential inflation, slower transaction processing, and risks to the US dollar's dominance.

Cred joins RBI's digital currency project; first fintech to give access to CBDC

Cred becomes the first fintech platform in India to offer access to the e-rupee, a digital currency launched by the Reserve Bank of India. The rollout will initially target a select set of users with YES Bank facilitating the issuance of e-rupee tokens. Adoption of the digital currency has faced challenges globally.

'Lottery ticket': Crypto investors brace for bumpy ride under Trump

cryptocurrencies, buoyed since Donald Trump's November 5 election win, were in freefall. The value of Bitcoin, by far the most important crypto which has broken record after record and gained around 50 percent since Trump's election, dropped six percent at the height of the crash.

How much Bitcoin does Defense Secretary Pete Hegseth own? Here are some clues

Defense Secretary Pete Hegseth's financial disclosures are rather interesting as reports suggest that he owns between $5,000 and $15,000 in Bitcoin, which shows his support for cryptocurrency. Here's more about Pete Hegseth's investments

The only country to make Bitcoin a legal tender is now amending the controversial law for this reason; here's what it is

El Salvador has until now been the only country to make Bitcoin a legal tender in the country, but they are now finally amending this law to qualify for $1.4 billion in IMF cash. Here are more details

Tariffs to drive global stock markets in volatile 2025: JPMorgan

Inflation and tariffs will have the biggest impact on markets in 2025, followed by geopolitical tension, according to the annual trading poll. Some 41% surveyed highlighted volatility as their biggest anticipated daily trading challenge, up from 28% last year.

India reviewing crypto position due to global changes, senior official says

India is reassessing its cryptocurrency stance due to changing global attitudes, especially following crypto-friendly moves by the U.S. government. This review might delay the release of India's discussion paper on cryptocurrencies. Despite strict regulations, Indian investors continue to engage in crypto trading.

Neither 70 nor 90 hours: Elon Musk says DOGE has 120 hour workweek. Netizens say 'This clown...'

Tesla and SpaceX CEO Elon Musk said the Department of Government Efficiency (DOGE) employees work 120 hours in a week, inviting criticism on social media. Musk is claiming that people at the US government department work 17 hours every day, without any weekends to relax. Elon Musk's remark once again sparked debate about work-life balance.

Crypto Price Today: Bitcoin trades below $103,000; Altcoins trade mixed

Bitcoin's recent decline coincides with market uncertainty after President Donald Trump's tariff announcement. The U.S. plans 25% tariffs on Canadian and Mexican imports and 10% on Chinese goods, fueling volatility in traditional and crypto markets. This policy shift has heightened investor concerns, leading to fluctuations across financial sectors as uncertainty grips global trade and economic stability.

Income tax on crypto currency: How did budget 2025 impact the taxation on virtual digital assets?

Budget 2025: Income tax on cryptocurrency transaction. After Budget 2025 there is no change in taxation of cryptocurrencies as they continue to be taxed at 30% rate with applicable surcharge and cess. Moreover, 1% TDS on crypto transactions above Rs 10,000 for salaried and Rs 50,000 for business transactions will apply.

Gold, silver, Bitcoin may crash as Trump tariffs loom, warns Rich Dad, Poor Dad author Robert Kiyosaki

Robert Kiyosaki predicts a market crash due to Trump’s new tariffs on Mexico, Canada, and China, seeing it as a buying opportunity for gold, silver, and Bitcoin. While his track record on crash predictions is mixed, he continues to emphasize debt concerns and the resilience of tangible and digital assets amid economic volatility.

Explained: Is JioCoin India's new cryptocurrency or just a reward token?

JioCoin, developed by Reliance Jio, is more akin to a digital loyalty program than a traditional cryptocurrency. Integrated within Jio's services, it rewards users for engaging with its ecosystem and is built on the Polygon blockchain. Regulatory scrutiny and expectations are high for its impending official announcement.

The relevance of global cryptocurrency trends with American political movements

Cryptocurrency has evolved from a niche experiment to a dominant force in global finance and US politics. Its influence shapes legislation, campaigns, and public opinion. The intersection of digital assets and political agendas continues to grow, as seen in initiatives like Trump's executive order and politically-themed cryptocurrencies. The industry's impact on elections and financial regulation remains significant.

Mobikwik partners with RBI, Yes Bank to roll out CBDC e-rupees

MobiKwik has made the e-rupee wallet accessible to all Android users, enabling peer-to-peer and peer-to-merchant transactions.

Income tax rules for assessment after search cases to apply to crypto income for up to 6 previous assessment years from February 1, 2025

Budget 2025: The Finance Minister has announced that now assessment for search cases will include virtual digital assests (VDA) which includes crypto, non-fungible tokens (NFT), and others. This assessment after an income tax search procedure can go back up to six assessment years. Moreover, the definition of virtual digital asset (VDA) has been extended in Budget 2025.

Digital initiatives not just RBI's but public infra, banks need to do more says Rabi Sankar

Banks must collaborate with the RBI to expedite the implementation of digital initiatives like CBDC and ULI, emphasized deputy governor T Rabi Sankar. He stressed the importance of creating a framework for cooperation to enhance the efficiency and speed of introducing new digital infrastructures.

ECB pitches digital euro as response to Trump's crypto push

Trump said he would "promote the development and growth of lawful and legitimate dollar-backed stablecoins worldwide" as part of a broader crypto strategy that he sketched out in an executive order issued on Thursday.

ECB pitches digital euro as response to Trump's crypto push

JioCoin Launch: How to earn digital tokens and what it means for users

Reliance Jio has launched JioCoins, a blockchain-based digital token built on Polygon. JioCoins reward users for browsing via JioSphere and mark a step toward Web3 adoption, with regulatory implications under India’s cryptocurrency framework.

Eric Trump’s tax-free proposal: What It means for global crypto market

Eric Trump proposed a 0% tax rate for US-based cryptocurrency projects to boost blockchain innovation, while foreign crypto companies face higher taxes. Critics warn of potential market imbalances and government revenue loss.

Trump orders crypto working group to draft new regulations, explore national stockpile

President Donald Trump has ordered the creation of a cryptocurrency working group to propose new digital asset regulations and explore a national cryptocurrency stockpile. The order also ensures banking services for crypto companies and bans central bank digital currencies. This action, welcomed by the crypto industry, aims to push cryptocurrencies into the mainstream.

Donald Trump's cryptocurrency surges to become one of the world's most valuable

President-elect Donald Trump announced the launch of the new token, $Trump, on Friday night as hundreds gathered for a crypto-inspired inauguration ball not far from the White House. But economists and even some longtime crypto investors said the new digital coin, known as a memecoin, might also emerge as a landmark moment in the speculative history of crypto trading and its potential dangers to the financial system.

Bitcoin surges to $105k after Trump's executive order to support cryptocurrency growth

Bitcoin surged 3% to $105,000 following U.S. President Trump’s executive order on cryptocurrency, which includes creating a working group for digital asset regulations and protecting crypto companies' banking services. The order also prohibits central bank digital currencies (CBDCs). Other cryptocurrencies like Ethereum, Solana, and XRP also saw gains, pushing the global crypto market capitalization to $3.61 trillion.

Morgan Stanley joins hands with US regulators for a secure entry into the cryptocurrency market

Morgan Stanley is actively working with U.S. regulators to explore a safe entry into the cryptocurrency market. CEO Ted Pick announced this initiative during the World Economic Forum in Davos.

Warren Buffett who once called crypto a 'rat poison' has now invested in cryptocurrency; here's how and when

Warren Buffett has always stayed distant from cryptocurrency investment, but he has finally gulped down his concerns and has placed his investments in a Brazilian crypto-linked bank, Nu Holdings Ltd. This crypto bank's value has risen steadily in the last couple of years, which has reportedly sparked Buffett's interest.

Why Trump's new meme coin is sparking outrage in the crypto world

US President Donald Trump, who once criticized cryptocurrencies, has now entered the world of digital coins with the launch of his own meme-coin, "TrumpCoin."

Crypto markets lose steam after Donald Trump's first policy move

Bitcoin had been one of the most spectacular "Trump trades" in financial markets, gaining 50% to break above $100,000 and hit highs since Trump's election victory in November, as he promised a bitcoin stockpile and a pro-crypto stance. An executive order on Thursday, creating a digital assets working group seemed to alleviate some disappointment that crypto reform didn't feature in a flurry of policy announcements on his first day in office, though it was light on detail.

Trump orders crypto working group to draft new regulations, explore national stockpile

The much-anticipated action also ordered that banking services for crypto companies be protected, alluding to industry claims that US regulators have directed lenders to cut crypto companies off from banking services - something regulators deny.

Melania Trump launches her own meme coin; within minutes, its market cap touches $12 billion. Here's the name and how the crypto market is reacting

Melania Trump is now a part of her husband's obsession with the crypto market and has launched a meme coin of her own. As soon as the launch, the coin's market cap touched $12 billion, while her husband's currency suffered a historic crash.

Can Bitcoin reach $250,000 in 2025? Decoding cryptocurrency’s future

US President Donald Trump has indicated that the new administration in the country may create a favourable regulatory environment for Bitcoin. He has even hired David Sacks, a venture capitalist, as his 'crypto czar'.

Job market in India needs boost: Raghuram Rajan in Davos

Former RBI Governor Raghuram Rajan appreciates the Modi government's work on infrastructure but stresses the need to boost the job market. He comments on the rupee depreciation due to the stronger US dollar and discusses the concerns of central banks in emerging markets. Rajan rules out a common currency for BRICS due to geopolitical issues.

Dubai’s blockchain revolution in 2024: Growth and challenges explained

The UAE’s proactive approach to blockchain and crypto innovation drove record-breaking growth in 2024. Here is how Dubai has been innovating and spearheading growth in the sector.

How to Buy The Official Trump Memecoin in India?

President-elect Donald Trump launched the “Official Trump” (TRUMP) memecoin on January 18, 2025, achieving a rapid market capitalization of $12 billion within 48 hours. Built on the Solana blockchain, TRUMP's monumental rise signals a potential paradigm shift in the cryptocurrency sector, with significant mainstream acceptance and possible regulatory implications.

Donald Trump oath ceremony impact: Bitcoin scales record peak; Trump coin, Cryptocurrency mania grip US market

Bitcoin has reached the peak ahead of Donald Trump's inauguration on Monday.

How crypto companies are toasting Donald Trump’s inauguration: Snoop Dogg, cocktails, and McDonald's burgers

Ahead of his second inauguration, President-elect Donald Trump hosted the first-ever crypto ball, attended by major cryptocurrency executives and celebrities like Snoop Dogg. The event celebrated the industry's growing influence, with promises of reduced regulatory barriers. Meanwhile, Trump launched a controversial new cryptocurrency token, $Trump, sparking both excitement and ethical concerns. The crypto community looks ahead to policy changes under Trump's leadership, aiming to shape the future of digital assets in the U.S.

Trump's inauguration on Martin Luther King Day signals a shift in US foreign & domestic policies

Donald Trump's presidency is seen as controversial for opposing Martin Luther King Jr's values of equality and justice. Trump's foreign policy shifts are anticipated to impact US's global alliances, encourage militarization among nations, and challenge India's strategic autonomy. Indian diplomacy needs agility to navigate these dynamic global interdependencies.

Bitcoin soars past $100,000 ahead of possible early action on crypto by Trump

Bitcoin reaches $100,000 as anticipation grows for pro-crypto actions promised by incoming President Donald Trump. His commitment includes creating a U.S. crypto stockpile, implementing favorable regulations, and appointing a cryptocurrency advisor, while Bitcoin supporters prepare for celebration at a 'Crypto Ball'.

Trump launches $TRUMP Meme Coin; is it crypto gold or a campaign gimmick?

The launch of the $TRUMP meme coin has raised more than just eyebrows. It has ignited discussions within the cryptocurrency community, sparking both excitement and caution. While the coin’s meteoric rise in value is undeniable, questions remain about its long-term viability and legitimacy. As President Trump prepares to take office, his ongoing involvement in the crypto space—whether through the $TRUMP coin or future regulatory actions—will be closely watched.

Bitcoin push pits SNB’s orthodoxy against Swiss crypto crowd

Swiss Bitcoin advocates aim to enshrine the cryptocurrency in the constitution, positioning it alongside traditional reserves like the dollar, euro, and gold. Campaigners have begun gathering signatures to push for a national vote, challenging the Swiss National Bank’s stance.

Can e-RUPI become the game-changer for digital currency adoption in India?

The introduction of e-RUPI will provide a new level to the governance of information technology. It has been met with enthusiasm by cryptocurrency aficionados, who think that crypto assets and measures to promote the digital ecosystem can coexist together.

Moving beyond Bitcoin to the next crypto revolution in 2021

The cryptocurrency market is ever-changing. With cryptocurrency apps like Coinswitch Kuber making significant headway into easing crypto investment.

A first-day Trump order: A Federal stockpile of Bitcoin?

On the eve of Trump's inauguration, the cryptocurrency industry is pushing his incoming administration to execute an audacious plan that would have seemed unimaginable just a year ago: a government program to buy and hold billions of dollars in bitcoin.

Three new altcoins set to lead the next crypto wave in 2025

Three promising altcoins are highlighted for investors: Wall Street Pepe combines meme coin charm with trading insights, raising over $45 million in its presale; Solaxy aims to solve Solana's network issues, nearing a $10 million presale milestone; and Best Wallet offers advanced crypto storage and trading features, raising over $6 million. Each project targets real-world utility and strong community engagement.