Virtual Digital Assets - To The Point | UPSC Current Affairs | Drishti IAS

Amidst calls to regulate artificial intelligence (AI) and blockchain technology, India's government issued a notification to regulating Virtual Digital assets. According to the Income Tax Act, 'virtual digital asset' refers to any information, code, number, or token generated through cryptographic means and blockchain technologies.
This video covers the given topic, ‘Virtual Digital Assets’ in the following structure:
1. Why in the News?
2. What are Virtual Digital Assets (VDAs)?
3. India's recent attempt to regulate VDAs
4. about Non-fungible token

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