It is difficult, if not impossible, to bring transparency into cryptocurrencies by way of indices. It is even more difficult for investors to truly understand the risks which come with investing in an index of cryptocurrencies
Future innovations in the cryptocurrency/blockchain space can come from India, and with the right set of regulations it can also be a new avenue for job-creation and economic growth
The growing utilization of cryptocurrencies has led to fears that they may replace modern money as legal tender
Government sources tell CNBC-TV18 that the ordinance will mention until when the old notes can be used as legal tender and is speculated to change the deposit timeline from the earlier December 30 deadline.
Government of India has on the recommendation of the Reserve Bank of India, decided to revise the ceiling for issue of securities under the Market Stabilisation Scheme (MSS) to Rs 6 lakh crore. The earlier limit was Rs 30,000 crore.