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The Cryptic Craze About Crypto
There are several critical reasons for which cryptocurrencies need to be highly regulated in India unless it is a sovereign cryptocurrency. outlookindia.com 2021-02-15T14:58:39+05:30
Bitcoin prices have shot up from less than USD 20,000 to over USD 48,000 in the last three months. This is a humungous growth for any asset class. Bitcoin falls under the asset-class that is called crypto, which is short for cryptocurrency.
But then why is the Indian government planning to pass a regulation that bans Indians from owning and trading in Bitcoins and all other cryptocurrencies? To understand the government’s position, one has to understand the nature of “cryptocurrencies”.
Top Story
February 11, 2021
ISLAMABAD: In response to an opinion piece published in The News titled “The prime minister of debt” dated February 10, 2021 regarding increase in public debt during the tenure of the present government in comparison to the previous government (2013-18), the Ministry of Finance has said that the change in the public debt stock during the last two and a half years is primarily the fallout of flawed economic and financial policies of the previous regime.
A statement issued on Wednesday the ministry said: “Commenting on the issues raised in the article, point wise replies are stated as under:
Top Story
February 11, 2021
ISLAMABAD: In response to an opinion piece published in The News titled “The prime minister of debt” dated February 10, 2021 regarding increase in public debt during the tenure of the present government in comparison to the previous government (2013-18), the Ministry of Finance has said that the change in the public debt stock during the last two and a half years is primarily the fallout of flawed economic and financial policies of the previous regime.
A statement issued on Wednesday the ministry said: “Commenting on the issues raised in the article, point wise replies are stated as under: