3 mn read
Is India also going to be on the list of countries to regulate crypto-currency to bring stability and security in the market?
Posted in News3 mn read‘Cryptocurrency’ is trending a lot nowadays. What exactly ‘Cryptocurrency’ is? In the words of Indian economist Amit Singh, ‘A cryptocurrency is a digital or virtual currency that is secured by cryptography, which makes it nearly impossible to counterfeit or double-spend. In easy way, it’s a no-physical digital coin which cannot be used for transactions for spending on goods.’ Indian administration is about to introduce a Bill in the winter session of Indian Parliament to regulate cryptocurrency. Agenda of The Cryptocurrency and the Regulation of Official Digital Currency Bill 2021, got released on the official website of Lok Sabha (Lower House of the Parliament).
