Search results for: “Currency”
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Amazon working on a digital currency project for Mexico
Digital currencies are all the rage at the moment, largely down to the growing popularity of cryptocurrencies. This time around, we are seeing large investors and corporations looking to enter the space as well, which is helping keep the market for these currencies buoyant, and in fact, driving their prices further upwards. For example, an…
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Libra Association Behind Facebook’s Cryptocurrency Announces 21 Founding Members
The Libra Association that is created by Facebook to launch its new cryptocurrency has announced its 21 founding members after defections by previous supporters including Visa and Mastercard. Libra Association Behind Facebook’s Cryptocurrency The announcement came on Monday as the planned Libra global currency faces swelling criticism from regulators and reported warnings from the Group…
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Facebook to unveil new libra cryptocurrency in bid to disrupt online payments
Facebook is set to unveil plans to launch its own cryptocurrency on Tuesday, as the US technology giant takes on Bitcoin with an ambitious push into digital coins. The social network founded by Mark Zuckerberg network is expected to outline details of a virtual currency launching next year that it hopes will avoid the rollercoaster…
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RBI proposes mobile app to help visually impaired to identify currency notes
The Reserve Bank of India suggests coming out with a mobile application to help visually impaired individuals in order to identify Indian currency notes. At the present, banknotes in the values of Rs 10, 20, 50, 100, 200, 500 and 2,000 are in circulation, besides Re 1 notes give out by the Indian Government. Intaglio…
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How Brexit Will Affect Currency Traders
With the UK expected to cut off its ties with the European Union come March 29th, Brexit negotiations have become a top concern. Every development and decision made from the Brexit talks within the next six months will have a massive effect on the financial market globally. The unpredictability surrounding Brexit negotiations has yielded economic…
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Reserve Bank of India will release new Rs 20 currency notes soon
According to a document of the central bank, the Reserve Bank of India (RBI) is shortly going to introduce a new Rs 20 currency note with added features. After demonetisation in India, new currency notes such as of Rs 10, Rs 50, Rs 100, Rs 500 as well as Rs 200 and Rs 2000 notes…
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TradeView Gets New Funding In The Backdrop Of Booming Cryptocurrency and Stock Markets
The high expectations of a brighter cryptocurrency market and a similarly positive stock market that has been prevalent since last year have finally led to some positive news for one company. TradingView, a company that creates data analysis tools and social networking tools for the financial markets has received a considerable amount of funding. The…
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Time To Give The Paper Currency: A limitless Holiday! Go Digital, Buy Digitally, Pay Digitally
In today’s busy world, it is not possible for everyone to go to the recharge shop to recharge their phones or to pay their bills. In such scenario, people look for such options where they don’t have to waste or spend a lot of time, as they always run out of time. For their convenience,…
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After Demonetisation – Rs 4810 crore black money seized, Rs 112 crore in new currency
After Demonetisation – Rs 4810 crore black money seized, Rs 112 crore in new currency :- After the demonetisation, Over Rs 4,810 crore of undisclosed income has been detected while Rs 112 crore worth new notes have been seized by the Income Tax department as part of its country-wide operations against black money hoarders. As per…
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Fake notes of new currency Rs 2,000, Rs 500 worth Rs 26.10 lakh seized in Rajkot
On Sunday, Gujarat Police arrested two person with fake currency in the denominations of newly introduced Rs 2,000 and Rs 500 notes, having a face value of Rs 26,10,000. Anupam singh Gehlot who the Rajkot Commissioner of Police, told media that on the information, the city crime branch sleuths intercepted a car at Hanuman Madhi…
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3 people arrested in Goa for having Rs. 24 lakhs in new currency
The sudden pulling out of the old notes of Rs. 500 and Rs. 1000 by the Prime Minister Narendra Modi on the late evening of November 8, 2016, has been one of the revolutionary act this government has done to tackle black money and corruption. However, things are not that much simple as it looks…
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In Bihar hospital, A pregnant woman dies while Doctor refuses to take old Currency
A media statements about the demise of a pregnant lady in an administration doctor’s facility in Gaya in the wake of being purportedly declined dialysis for paying in old Rs. 500 notes, Bihar Human Rights Commission (BHRC) on Friday coordinated the locale justice and the healing center to present a definite statement inside a fortnight.…