Search Results for: digital rupee

We need to ban Bitcoins. But Do we need a Digital Rupee?

The new law set to be passed in the Parliament as “Banning of Crypto Currency and Regulation of Official Digital Currency Act 2019” is designed to ban Bitcoin and other privately managed crypto currencies. However the law may permit the … Continue reading

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CBDC or E Rupee and the Data Protection Bill 2022

We  are aware that RBI is implementing a pilot project to introduce E Rupee as its CBDC. The E-Rupee or CBDC-Retail will be a tokenized version of a currency denomination. It will therefore be a digital document that is stored … Continue reading

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The Crypto Rupee

The proposed “The Cryptocurrency and Regulation of Official Digital Currency Bill, 2021” (Crypto Bill-2021) is expected to “Prohibit” private crypto currencies and also enable issue of a RBI controlled Crypto currency. Knowing the power of corruption, we need to wait … Continue reading

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E Rupee is a re-invention of Naavi’s DVIIS

Between 2003 and 2021, there is a time gap of 18 years. Between the ideation of DVIIS and E Rupee has been such a distance in time. DVIIS was invented and proposed by Naavi and E-Rupee has been introduced by … Continue reading

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Attention Smt Nirmala Sitharaman, It is time to act on the Digital Black Money, Bitcoin and Libra in your budget proposal

Naavi calling for banning of Crypto Currencies is old news. I have many times faced the question if Crypto Currency (say Bitcoin) is so bad, why is it that USA among other countries is not banning it?. Now I can take … Continue reading

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Section 65B Certificate is like the Digital Signature

The system of Section 65B (IEA)  Certification was born along with Information Technology Act 2000 and has been in place  with effect from 17th October 2000. However, it was only in 2015, after the P.K.Basheer judgement of the Supreme Court stating … Continue reading

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