Financial System

What is Bitcoin and How Does It Operate

What is Bitcoin and How Does It Operate?

With the use of peer-to-peer networks and decentralised digital money like Bitcoin, transactions may be made safely and transparently without the need for a central authority like a bank. Fundamentally, blockchain technology powers Bitcoin. A distributed ledger called the blockchain keeps track of every transaction made over a network of computers. As it can be …

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Upcoming RBI Regulation

Upcoming RBI Regulation on International Transactions and Foreign Travel: What You Need to Know

As of July 1, 2023, the RBI is going to introduce new regulations for international credit card transactions and foreign travel expenses. In an effort to regulate foreign remittances and promote financial stability, the Reserve Bank of India (RBI) has recently made the decision that will impact international credit card holders and the foreign travelers. …

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