The concluding commentary in a three-part sequence on cryptocurrency
Cryptocurrencies have caught the Indian public, particularly the younger, by storm. The tempo of exercise within the cryptomarket has been exponential – numbers which might be being quoted are astounding and range a lot that one is just not even certain of the tough variety of Indians and the quantities concerned. One in each 10 Indians? Anxious to not miss the bus, every day increasingly folks appear to be moving into it.
A high-powered inter-ministerial committee (Garg committee) studied the cryptocurrency in all its ramifications in 2019. It got here out with a superb report and proposed a draft invoice banning all non-public digital cryptocurrencies. GoI was able to introduce the invoice in Parliament this 12 months.
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Views expressed above are the creator’s personal.
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