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UIDAI Unveils Aadhaar Vision 2032 for Digital Future Why in the News? The Unique Identification Authority of India (UIDAI) has launched the Aadhaar Vision 2032 Framework to strengthen India’s digital identity ecosystem through AI, blockchain, quantum computing, and advanced encryption, ensuring compliance with the Digital Personal Data Protection Act and global cybersecurity norms. This vision …
Read MoreBitcoin Soars Past $110K Amid US Crypto Bill Why in the News? Bitcoin reached an all-time high of $110,000 after the US Senate advanced the GENIUS Act, a bipartisan crypto regulation bill. The legislation focuses on stablecoin regulation, boosting investor confidence and signaling a pro-crypto shift in US policy. Impact on Bitcoin and Market Confidence: …
Read MoreWhy in the News? The Income Tax Bill, 2025 officially classifies Virtual Digital Assets (VDAs) as property and capital assets, subjecting them to capital gains tax, 30% income tax on transfers, and 1% TDS, aligning India’s crypto taxation with global standards. About VDAs as Property and Capital Assets: The Income Tax Bill, 2025 explicitly classifies …
Read MoreWhy in the news? RBI Governor suggests permanent transaction deletion to enhance e-rupee anonymity, aiming to match paper currency’s level of privacy. source:enterslice About the RBI Governor’s Remarks on E-Rupee Anonymity: RBI Governor Shaktikanta Das proposed permanent deletion of transactions to enhance anonymity in e-rupee or CBDC. This measure aims to align digital currency with …
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