Crypto currency likely to be the next economic norm that will
surely take time for Indian mass to adjust as RBI (Reserve Bank of India) as it
is not friendly with this term but the current government Bharatiya Janta Party
is more ready explore into this new funda technology.
If familiar or not with this evaluative financial term Crypto
Currency is a digitally based money transaction process where encryption
technique is used. This encryption technique is used to generate units and
verify the transfer of funds, operating independently of a central bank.
Finance Minister Nirmala Sitharaman has hope in Crypto
Currency mode of transaction as the Centre still feels the requirement of digital
currency to ensure financial stability. Recently a Inter Ministerial Committee
was conducted on a high note configuring Crypto Currency virtual monetary
necessity under the Chairmanship of Economic Affairs Secretary and filed submission of reports..
Under Modi Government this new financial mode Crypto Currency
to take a nod according to Anurag Thakur, Union Minister as the government is broaden
to such technology based evaluative factor for the ease of economy.
NEIC: SUMI BORA
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