Crypto-currencies: RBI's jurisdictional enigma
Govt seems to regard crypto transactions in the same manner as alcohol consumption which is considered bad for the consumers, but good for tax revenue.
Govt seems to regard crypto transactions in the same manner as alcohol consumption which is considered bad for the consumers, but good for tax revenue.
RBI had observed digital currencies “will have a de-stabilising effect on the monetary and fiscal stability of a country”, due to their volatility, the FM said.