KATHMANDU, Feb 29: The government has filed cases of revenue evasion worth Rs 1.62 billion in the first seven months of the current fiscal year.

KATHMANDU, April 28: Nepal Rastra Bank (NRB) is preparing to launch digital currency in the domestic market even as the government is yet to legalize the use of virtual currencies.

KATHMANDU, Oct 1: Nepal Rastra Bank (NRB) has started a study on the possibility of using digital currency in the country, with an aim to minimize the use of paper notes.

MUMBAI, Jan 31: India plans to introduce a law to ban private cryptocurrencies such as bitcoin and put in place a framework for an official digital currency to be issued by the central bank, according to a legislative agenda listed by the government.

ITHACA – A few years ago, China’s currency seemed to be rising inexorably to global dominance. The renminbi had become the fifth most important currency for international payments, and in 2016, the International Monetary Fund included it in the basket of major currencies that determines the value of Special Drawing Rights (the IMF’s global reserve asset).