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Latest Articles in digital currency

Digital Currency Cannot Be Private

Central banks worldwide are looking into the possibility of issuing digital money to prevent the loss of state control over money.

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WEF Forms 1st Global Consortium For Digital Currency Governance

The Global Consortium for Digital Currency Governance will aim to increase access to the financial system through innovative policy solutions that are inclusive and interoperable.

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Bitcoin's Blistering Rally Tops $10,000 Mark In Some Exchanges

Bitcoin uses encryption and a blockchain database that enables the fast and anonymous transfer of funds outside of a traditional centralised payment system

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RBI Not Comfortable With Non-fiat Cryptocurrencies: Sudarshan Sen

The fiat cryptocurrency is a digital currency which will be issued by the Reserve Bank of India (RBI) in place of the physical one at present, he said, adding that the central bank is studying this aspect at present

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Bitcoin: Better Return But Unethical

Bitcoins are an investment scheme beyond the control of financial institutions and the traditional police, which can be jeopardised by the wilder involvement of people. So though you might get a good return on your investment, it is unethical and dangerous

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Virtual Currencies Pose Real Financial Risk, Says RBI's Deputy Governor R Gandhi

Reserve Bank Deputy Governor R Gandhi on Wednesday raised concerns over virtual currencies such as Bitcoin and said they pose potential financial, legal, customer protection and security-related risks

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Banking the Unbanked: MFIs Join The Digital Race

MFIs can mitigate risks involved in dealing with cash by switching to digital payments while customers can use safe and secure ways of making payments through mobile wallets, thus saving time and effort involved in collection and dropping off money

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Cashless Future

Digital currency is the new reality of India. The country must adapt to the demonetisation move with optimism

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5 Reasons To Hail Narendra Modi’s Decision To Demonetise Rs 500 And Rs 1000 Notes

The Narendra Modi-led government's decision to scrap Rs 500 and Rs 1,000 currency notes was taken to create a corruption-free India

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