CBDCs To Kill Private Cryptos, Indian Central Bank Warns

CBDCs To Kill Private Cryptos, Indian Central Bank Warns

The Indian Cryptocurrency market has been dealing with many restrictions lately. Finance Minister Nirmala Sitharaman announced the 30% tax over the profit made from the digital assets trading in this year’s Union Budget. However, she also mentioned the launch of the Central Bank Digital Currency (CBDC) backed by the government….
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Source: CoinGape
Posted: 8 minutes ago