Growth of Crypto Currency and Pre-requisites for CBDC: A Case Study – Indian Context
Keywords:Blockchain, CBDC, Corruption, Cryptocurrency, Developing countries, Digital currency, Economic growth, India, Literacy, Stablecoins
Cryptocurrency, Stablecoins, and Central Bank Digital currency are the new kids on the block. What should the government do? The cryptocurrency market has reached $1.2 trillion. Now the governments can no longer ignore these or take a passive approach. This paper suggests what governments in developing countries or central banks should do to handle the cryptocurrencies /stablecoins/central bank digital currency.
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Copyright (c) 2022 Srujan Sannidhi, Richa Sharma
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