Skip to main content

There’s no plan to recognise bitcoin as currency: Govt

The Centre has not received a proposal to recognise bitcoin as a currency in India, the government told Parliament on Monday, while adding that the Reserve Bank of India has recommended widening the definition of “bank note” for the launch of a Central Bank Digital Currency (CBDC). Responding to a question on whether the government has any proposal to recognise bitcoin as a currency, finance minister Nirmala Sitharaman replied in the negative in Lok Sabha.

The Centre has not received a proposal to recognise bitcoin as a currency in India, the government told Parliament on Monday, while adding that the Reserve Bank of India has recommended widening the definition of “bank note” for the launch of a Central Bank Digital Currency (CBDC). Responding to a question on whether the government has any proposal to recognise bitcoin as a currency, finance minister Nirmala Sitharaman replied in the negative in Lok Sabha. from Times of India https://ift.tt/3FVixGb

Comments

Popular posts from this blog

Airtel-Tata DTH merger talks fail, Airtel informs BSE

Bharti Airtel and Tata Group have called off their discussions to merge Airtel Digital TV and Tata Play due to unresolved issues. The proposed deal, aimed at combining the two loss-making DTH operations, involved a share swap where Airtel would potentially hold a majority stake. Bharti Airtel and Tata Group have called off their discussions to merge Airtel Digital TV and Tata Play due to unresolved issues. The proposed deal, aimed at combining the two loss-making DTH operations, involved a share swap where Airtel would potentially hold a majority stake. from Times of India https://ift.tt/gt5oqs7

Delta, United & others sue cybersecurity firm for over $2 bn in damages

Following the loss incurred by Crowdstrike’s faulty update in July, which resulted in significant financial damage to shareholders and lawsuits from customers, Delta Airlines, one of the affected companies, is planning to file a class-action lawsuit against the cybersecurity firm. The airlines seeks compensation of up to $500 million from both Crowdstrike and Microsoft, as disclosed in the company’s filing with the US Securities and Exchange Commission (SEC). Following the loss incurred by Crowdstrike’s faulty update in July, which resulted in significant financial damage to shareholders and lawsuits from customers, Delta Airlines, one of the affected companies, is planning to file a class-action lawsuit against the cybersecurity firm. The airlines seeks compensation of up to $500 million from both Crowdstrike and Microsoft, as disclosed in the company’s filing with the US Securities and Exchange Commission (SEC). from Times of India https://ift.tt/wetNQs7

WWDC 2025: Apple employee protests during event; unzips his jacket to ....

An Apple employee disrupted the WWDC keynote, protesting during Craig Federighi's presentation. The protester displayed a keffiyeh and employee badge while shouting inaudibly before being escorted off stage. This incident follows similar protests at Microsoft's Build conference, highlighting growing internal dissent within tech companies regarding ethical responsibilities. The disruption, captured on video, has sparked discussion on social media. An Apple employee disrupted the WWDC keynote, protesting during Craig Federighi's presentation. The protester displayed a keffiyeh and employee badge while shouting inaudibly before being escorted off stage. This incident follows similar protests at Microsoft's Build conference, highlighting growing internal dissent within tech companies regarding ethical responsibilities. The disruption, captured on video, has sparked discussion on social media. from Times of India https://ift.tt/zDP59ai