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India to issue a blockchain-based digital rupee alongside 30% tax on virtual assets
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fnlondon.comThe Indian finance ministry said the government will soon launch a digital rupee using blockchain technology with the country's central bank, a move that could put it far ahead of other nations.
Finance Minister Nirmala Sitharaman announced the plans to introduce a digital currency in parliament on 1 February, while presenting the country's Union Budget 2022. She also announced that income from the transfer of virtual assets will be taxed at 30%.
"I...
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