India to Launch Central Bank Digital Currency in 2022-2023, Proposes 30% Tax

India’s central bank will issue a digital rupee in the 2022-2023 financial year, which begins April 1st. Finance Minister Nirmala Sitharaman stated the introduction of the digital rupee would be based on “blockchain and other technologies.” The move would make India one of the world’s largest economies to introduce a central bank digital currency (CBDC). … Continue reading India to Launch Central Bank Digital Currency in 2022-2023, Proposes 30% Tax