CRYPTO CURRENCY: ITS SCOPE AND IMPACT ON INDIAN ECONOMY
Arshi Firdous, Gaurav Roy · Indian Journal Of Applied Research · 2021
The advancement of information and communication technologies has always created innumerable opportunities in several aspects. Cryptocurrency is one such innovative concept of decentralized virtual currency. Cryptocurrency is a substitute for at money, designed to work as a medium of exchange. The use of cryptocurrency has become widespread in many different systems in recent years. This paper is an outcome of exploratory researches about Cryptocurrency and its impact on the Indian economy. The study also concentrates on the present and future scenarios of Cryptocurrency. Besides that, this paper also analysis the regulation and legislation towards Crypto currency to get a clear picture of laws and orders that regulates the working of Cryptocurrency in India.