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LEGAL TENDER MONEY
Supply crunch lifts stablecoin premium above 8.5% in IndiaIndia is facing a significant shortage of stablecoins like USDT, causing its price to surge locally. This premium, usually modest, has ball...- 12 years of PM Modi: Bold reforms, decisive decisions and political turning pointsAfter 12 years at the helm, Prime Minister Narendra Modi reflects on a transformative journey filled with key reforms that have altered Ind...
- 'You want me to quit? Sure': Gen-Z retail employee quit after boss said “work somewhere else,” triggering an 8-person walk-out over shady pay rulesA boss's dismissive attitude towards his young, female staff backfired spectacularly. When an employee challenged illegal practices, he thr...
- Go on then, make money with moneyIntroducing Cash Couture Inc., a cutting-edge luxury brand that reimagines fashion and functionality by crafting exquisite items from actua...
- Honduras watchdog bans institutions from trading cryptoThe resolution bans institutions under its supervision to "maintain, invest, intermediate or trade in cyptocurrencies, crypto-assets, virtu...
- Should you start accepting salary in Bitcoin?Getting paid in Bitcoin or any crypto for that matter requires setting up a free account on cryptocurrency exchanges.
- Cryptocurrencies like Bitcoin, Ethereum will never become legal tenders: Finance SecretaryPeople investing in private crypto should understand that it is does not have the authorisation of the government. There is not any guarant...
- Bitcoin is barter, not money: Mexico central bank chiefDiaz de Leon pointed out that the value of cryptocurrencies have often swung wildly in a single day.
- El Salvador Congress backs $150 mn fund for Bitcoin ahead of adoptionWith 64 votes in favor and 14 votes against, Congress approved the fund as El Salvador, which already uses the U.S. dollar, prepares to off...
- El Salvador Bitcoin move opens banks to money laundering, terrorism financing risks: FitchThe bitcoin move, set to take effect on Sept. 7, "would increase financial institutions' regulatory, financial and operational risks, inclu...
- El Salvador becomes first country to make bitcoin legal tenderEl Salvador's economy relies on remittances and those who are working abroad can send money back home in bitcoins.
- India readies for its 2020 FATF reviewA high-level inter-ministerial coordination committee has raised concern about absence of effective regulatory mechanism for gems & jewelle...
- Mutual funds shooting themselves in the foot?The investor runs the risk of losing his capital if investments by the fund manager turn sour.
- Bitcoin not a legal tender in India, says Arun JaitleyThe government has recently cautioned investors to be wary of virtual currencies like bitcoin.
- When real currency is not legal tender and other watch outs to avoid money lossHere are 10 points you should know about exchanging soiled notes and when currency ceases to become legal tender, taken from an RBI master ...
- Note Recall: RBI tells house panel it acted on government adviceSome ministers in the Modi government have thus far maintained that the government had only acted on RBI recommendation of demonetisation.
- Prove demonetisation is successful and I’ll chant Modi’s name, says Arvind Kejriwal“The thing is that they have completely botched up and now PM is being guided by ego and stubbornness...and the country has taken a hit,” K...
- Learn with ETMarkets: Impact of demonetisation on reserve money, money supplyCurrency in circulation comprises currency notes and coins with the public and cash in hand with banks. It is a major liability component o...
- Demonetisation of Rs 1,000 and Rs 500 notes bold step: President Pranab MukherjeeMukherjee called upon people not to panic and to follow the government's guidelines for exchanging currency notes of Rs 1000 and Rs 500 den...
- 25 paise coin to cease being legal tender money from June 30; negative seigniorage a worryAs per a government notification, published in December 2010, the 25 paise coin, still called chaar anna by some, will cease to be legal te...
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