In the First initiative of the digital payments platform, the Phone Pe and Extreme IX (Internet Exchange) collaborated to provide faster digital payment service to over 370 million PhonePe users by decreasing the latency irrespective of their location or Internet Service Providers (ISPs).
SEBI Chairperson Madhabi Puri Buch launched the 'Manthan', a six-week-long ideathon, in association with various institutions including BSE, NSE, NSDL, CDSL, KFintech, CAMS, LinkInTime and MCX.
Nirmala Sitharaman in the Union Budget 2022 announced that "any income from transfer of any virtual digital asset shall be taxed at the rate of 30 per cent."
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