Currency Transactions
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Indian Man Uses UPI In Nepal, Shares 'Surprisingly Smooth' Experience, Video Viral
The viral clip showed an Indian user using UPI to make an instant payment in Nepal using local currency conversion.
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12 Secret Travel Costs That Could Blow Your Holiday Budget
Hidden travel costs can quickly turn a budget holiday into an unexpectedly expensive one. However, with a little research and foresight, you can remain in control of your travel expenses.
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RBI-Backed Digital Currency to Be Launched in India, Union Minister Piyush Goyal Says
The country will launch an RBI-backed digital currency to discourage unbacked cryptocurrencies. Union Minister Piyush Goyal said heavy taxation will deter risky tokens, while the new digital rupee enables faster, traceable payments. Experts see the move as a shift from a "tax-and-tolerate" approach to stricter oversight, favouring compliance-aligne...
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You Can Now Get Forex Cards Delivered Via Blinkit, After Its Tie-Up With Thomas Cook
Indian travellers in Delhi, Mumbai and Bengaluru can now get Thomas Cook's forex cards delivered home via Blinkit. A virtual KYC option is available for loading funds.
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Birla Institute of Management Technology Launches Bimcoin, a Blockchain-Based Campus Currency
BIMTECH has designed Bimcoin to facilitate secure and transparent transactions within the institute’s internal ecosystem for students, administrators, and vendors. Unlike conventional financial systems, Bimcoin leverages blockchain’s decentralised nature, ensuring transparency, and incorporating programmable features such as smart contracts, th...
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Russia Approves Tax Bill on Cryptocurrency Transactions Amid BTC Boom: Details
Recently, the Federation Council, the Upper House of the Russian Parliament, approved a new bill that outlines the taxation framework for cryptocurrencies. This bill classifies virtual digital currencies as property.
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Global Bank Messaging Network SWIFT to Trial Live Digital Currency Transactions in 2025
SWIFT will trial live transactions of tokenised assets and digital currencies next year. Banks and asset managers hope that by using digital units - usually blockchain-based tokens that represent a share of the underlying asset - trading can be quicker, cheaper and more efficient, including by cutting out middlemen involved in many transactions.
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Crypto ATMs See Twice as Many Illicit Activities as Overall Industry: TRM Labs
A report by blockchain intelligence firm TRM Labs claims that the rate of illicit activities around crypto ATMs is double of what the entire ecosystem usually witnesses. In 2023, illicit volumes in the cash-to-crypto industry stood at 1.2 percent of total volume, double the 0.63 percent for the overall crypto ecosystem.
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Visa Partners Wirex to Offer Crypto Payment Services to Merchants Globally
Visa has struck a partnership with Wirex to bring crypto payment services to merchants around the world. An alternative to banking, Wirex allows people to process transactions in traditional currencies as well as through crypto assets.
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PhonePe Announces UPI Services in UAE for Travelling Indian Users: Know All Details
PhonePe launched its Unified Payments Interface (UPI) services in the United Arab Emirates (UAE) for Indian travellers as well as NRIs residing in the country on March 28. This service will now allow PhonePe users to make rapid digital transactions by scanning a QR code at retail stores, dining outlets, and other tourist attractions. The service is...
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Indian Man Uses UPI In Nepal, Shares 'Surprisingly Smooth' Experience, Video Viral
The viral clip showed an Indian user using UPI to make an instant payment in Nepal using local currency conversion.
-
12 Secret Travel Costs That Could Blow Your Holiday Budget
Hidden travel costs can quickly turn a budget holiday into an unexpectedly expensive one. However, with a little research and foresight, you can remain in control of your travel expenses.
-
RBI-Backed Digital Currency to Be Launched in India, Union Minister Piyush Goyal Says
The country will launch an RBI-backed digital currency to discourage unbacked cryptocurrencies. Union Minister Piyush Goyal said heavy taxation will deter risky tokens, while the new digital rupee enables faster, traceable payments. Experts see the move as a shift from a "tax-and-tolerate" approach to stricter oversight, favouring compliance-aligne...
-
You Can Now Get Forex Cards Delivered Via Blinkit, After Its Tie-Up With Thomas Cook
Indian travellers in Delhi, Mumbai and Bengaluru can now get Thomas Cook's forex cards delivered home via Blinkit. A virtual KYC option is available for loading funds.
-
Birla Institute of Management Technology Launches Bimcoin, a Blockchain-Based Campus Currency
BIMTECH has designed Bimcoin to facilitate secure and transparent transactions within the institute’s internal ecosystem for students, administrators, and vendors. Unlike conventional financial systems, Bimcoin leverages blockchain’s decentralised nature, ensuring transparency, and incorporating programmable features such as smart contracts, th...
-
Russia Approves Tax Bill on Cryptocurrency Transactions Amid BTC Boom: Details
Recently, the Federation Council, the Upper House of the Russian Parliament, approved a new bill that outlines the taxation framework for cryptocurrencies. This bill classifies virtual digital currencies as property.
-
Global Bank Messaging Network SWIFT to Trial Live Digital Currency Transactions in 2025
SWIFT will trial live transactions of tokenised assets and digital currencies next year. Banks and asset managers hope that by using digital units - usually blockchain-based tokens that represent a share of the underlying asset - trading can be quicker, cheaper and more efficient, including by cutting out middlemen involved in many transactions.
-
Crypto ATMs See Twice as Many Illicit Activities as Overall Industry: TRM Labs
A report by blockchain intelligence firm TRM Labs claims that the rate of illicit activities around crypto ATMs is double of what the entire ecosystem usually witnesses. In 2023, illicit volumes in the cash-to-crypto industry stood at 1.2 percent of total volume, double the 0.63 percent for the overall crypto ecosystem.
-
Visa Partners Wirex to Offer Crypto Payment Services to Merchants Globally
Visa has struck a partnership with Wirex to bring crypto payment services to merchants around the world. An alternative to banking, Wirex allows people to process transactions in traditional currencies as well as through crypto assets.
-
PhonePe Announces UPI Services in UAE for Travelling Indian Users: Know All Details
PhonePe launched its Unified Payments Interface (UPI) services in the United Arab Emirates (UAE) for Indian travellers as well as NRIs residing in the country on March 28. This service will now allow PhonePe users to make rapid digital transactions by scanning a QR code at retail stores, dining outlets, and other tourist attractions. The service is...
