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Cryptocurrency Trading for Some Digital Coins Banned in Thailand, Including 'Meme Currencies' Like Dogecoin
Thailand has become the latest country in Asia, after China, to restrict trading in the highly speculative cryptocurrencies and the non-fungible tokens (NFTs). The Thai Securities and Exchange Commission (SEC) issued new regulations that ban certain types of digital coins, including meme currencies like Dogecoin.
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After Bitcoin Crosses $50,000, What's The Status Of Cryptocurrencies In India?
''Depriving the country of the technology and opportunity which is being created by crypto is not very different from depriving someone of the internet,'' say experts on crypto ban in India
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50 Lakh Lost Jobs Over 2 Years, Trend Began Just After Notes Ban: Report
Fifty lakh men lost their jobs in the past two years beginning November 2016, when Prime Minister Narendra Modi announced an overnight ban on high value currency, according to a new report. The timing of the start of the decline in jobs coincides with demonetisation but no "causal link" can be established based on the available data, says the repor...
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RBI Ban On Crypto-Currencies Banking Services Challenged In Delhi Court
The Delhi High Court has sought the response of the Centre, the RBI and the GST Council on a plea challenging a circular which prohibits banks and financial institutions from providing any service in relation to virtual currencies such as 'crypto-currencies'.
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Banks Received Highest-Ever Fake Currency After Demonetisation: Report
The country's banks received an all-time high amount of fake currency and also detected an over 480 per cent jump in suspicious transactions post demonetisation, a first-ever report on dubious deposits made in the wake of the 2016 notes ban has revealed.
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15 Months Post Note Ban, RBI Still Processing Returned Notes
The RBI has said that Rs 500 and Rs 1,000 notes, returned to banks when the government demonetised high value currency 15 months ago, are still being "processed for their arithmetical accuracy and genuineness"
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'Fought And Won Decisive Battle,' Says PM Modi On Notes Ban: 10 Points
Prime Minister Narendra Modi tweeted a seven-minute film early on Wednesday morning that he said encapsulates "the benefits of demonetisation," also stating that "125 crore Indians fought a decisive battle and WON." A year ago today, the Prime Minister had suddenly banned high value notes yanking 86 per cent of the currency in circulation at the ti...
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Did Notes Ban Choke Black Money, Terror, Fake Currency? One Year Later, A Fact Check
In his speech on November 8 last year, announcing the ban on high value currency, Prime Minister Narendra Modi set out the reasons for the dramatic move - striking a blow against black money, terrorism and fake currency.
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RBI Revelations On Notes Ban Point To Big Scam: Mamata Banerjee
Hinting that the RBI's latest revelations on demonetisation pointed to a "big scam", West Bengal Chief Minister Mamata Banerjee on Wednesday claimed the entire exercise of banning high value currencies was a "total flop show' and demanded a thorough investigation on the issue while urging the Supreme Court to provide justice to people.
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99% Of Banned 1000, 500 Rupee Notes Returned, Says RBI
Prime Minister Narendra Modi last year in a surprise move banned Rs 500 and Rs 1,000 notes to counter black money, with the high denomination notes losing their legal tender status from midnight of November 8.
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Parliamentary Panel Likely To Finalise Report On Note Ban Tomorrow
The parliamentary panel on finance is likely to finalise its report on demonetisation of high value currency notes tomorrow, sources said.
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91 Lakh New Taxpayers Since Notes Ban, Says Government
Six months after PM Narendra Modi scrapped high value 500 and 1,000-rupee notes the centre has something to cheer. Before the unprecedented November 8 decision to cancel 86 percent of currency in circulation there were nearly five crore tax payers in India but since then nearly 91 lakh people have been added to the list of tax paying Indians, Finan...
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Man Moves Bombay High Court For Exchange Of Old Notes Worth Rs 1 Lakh
A 47-year-old Mumbai resident has moved the Bombay High Court for an order to the RBI to exchange his demonetised currency notes worth Rs 1 lakh, which the police had seized from him in the past.
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Income Tax Department Seizes Rs 600 Crore In Cash, Valuables Post Note Ban
The Income Tax Department has seized cash and valuables totalling Rs 600 crore in search and survey operations post demonetisation of high value currency notes of Rs 500 and Rs 1000. Based on intelligence reports, the department carried out searches and surveys in over 1,100 cases during the two-month period ending January 10 leading to seizure of ...
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Note Ban Impact On GDP May Be Seen In This Quarter: RBI
The demonetisation of high value currency notes of Rs 500 and Rs 1,000 announced on November 8 led to scrapping of Rs 15.4 lakh crore from the system.
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Cryptocurrency Trading for Some Digital Coins Banned in Thailand, Including 'Meme Currencies' Like Dogecoin
Thailand has become the latest country in Asia, after China, to restrict trading in the highly speculative cryptocurrencies and the non-fungible tokens (NFTs). The Thai Securities and Exchange Commission (SEC) issued new regulations that ban certain types of digital coins, including meme currencies like Dogecoin.
-
After Bitcoin Crosses $50,000, What's The Status Of Cryptocurrencies In India?
''Depriving the country of the technology and opportunity which is being created by crypto is not very different from depriving someone of the internet,'' say experts on crypto ban in India
-
50 Lakh Lost Jobs Over 2 Years, Trend Began Just After Notes Ban: Report
Fifty lakh men lost their jobs in the past two years beginning November 2016, when Prime Minister Narendra Modi announced an overnight ban on high value currency, according to a new report. The timing of the start of the decline in jobs coincides with demonetisation but no "causal link" can be established based on the available data, says the repor...
-
RBI Ban On Crypto-Currencies Banking Services Challenged In Delhi Court
The Delhi High Court has sought the response of the Centre, the RBI and the GST Council on a plea challenging a circular which prohibits banks and financial institutions from providing any service in relation to virtual currencies such as 'crypto-currencies'.
-
Banks Received Highest-Ever Fake Currency After Demonetisation: Report
The country's banks received an all-time high amount of fake currency and also detected an over 480 per cent jump in suspicious transactions post demonetisation, a first-ever report on dubious deposits made in the wake of the 2016 notes ban has revealed.
-
15 Months Post Note Ban, RBI Still Processing Returned Notes
The RBI has said that Rs 500 and Rs 1,000 notes, returned to banks when the government demonetised high value currency 15 months ago, are still being "processed for their arithmetical accuracy and genuineness"
-
'Fought And Won Decisive Battle,' Says PM Modi On Notes Ban: 10 Points
Prime Minister Narendra Modi tweeted a seven-minute film early on Wednesday morning that he said encapsulates "the benefits of demonetisation," also stating that "125 crore Indians fought a decisive battle and WON." A year ago today, the Prime Minister had suddenly banned high value notes yanking 86 per cent of the currency in circulation at the ti...
-
Did Notes Ban Choke Black Money, Terror, Fake Currency? One Year Later, A Fact Check
In his speech on November 8 last year, announcing the ban on high value currency, Prime Minister Narendra Modi set out the reasons for the dramatic move - striking a blow against black money, terrorism and fake currency.
-
RBI Revelations On Notes Ban Point To Big Scam: Mamata Banerjee
Hinting that the RBI's latest revelations on demonetisation pointed to a "big scam", West Bengal Chief Minister Mamata Banerjee on Wednesday claimed the entire exercise of banning high value currencies was a "total flop show' and demanded a thorough investigation on the issue while urging the Supreme Court to provide justice to people.
-
99% Of Banned 1000, 500 Rupee Notes Returned, Says RBI
Prime Minister Narendra Modi last year in a surprise move banned Rs 500 and Rs 1,000 notes to counter black money, with the high denomination notes losing their legal tender status from midnight of November 8.
-
Parliamentary Panel Likely To Finalise Report On Note Ban Tomorrow
The parliamentary panel on finance is likely to finalise its report on demonetisation of high value currency notes tomorrow, sources said.
-
91 Lakh New Taxpayers Since Notes Ban, Says Government
Six months after PM Narendra Modi scrapped high value 500 and 1,000-rupee notes the centre has something to cheer. Before the unprecedented November 8 decision to cancel 86 percent of currency in circulation there were nearly five crore tax payers in India but since then nearly 91 lakh people have been added to the list of tax paying Indians, Finan...
-
Man Moves Bombay High Court For Exchange Of Old Notes Worth Rs 1 Lakh
A 47-year-old Mumbai resident has moved the Bombay High Court for an order to the RBI to exchange his demonetised currency notes worth Rs 1 lakh, which the police had seized from him in the past.
-
Income Tax Department Seizes Rs 600 Crore In Cash, Valuables Post Note Ban
The Income Tax Department has seized cash and valuables totalling Rs 600 crore in search and survey operations post demonetisation of high value currency notes of Rs 500 and Rs 1000. Based on intelligence reports, the department carried out searches and surveys in over 1,100 cases during the two-month period ending January 10 leading to seizure of ...
-
Note Ban Impact On GDP May Be Seen In This Quarter: RBI
The demonetisation of high value currency notes of Rs 500 and Rs 1,000 announced on November 8 led to scrapping of Rs 15.4 lakh crore from the system.
