Mumbai: Like bitcoins, after getting the popularity of India, the government can implement its own cryptography.
According to a report of Business Standard, government sources said that in the form of Indian Rupees, a committee was set up to discuss India's proposal for a cryptoncurrency
It has also been said in the report that the government can name its cryptoncurrency "Lakshmi".
Reserve Bank executive president Sudarshan Sen had said on Wednesday that the central bank is not good with non-default cryptuctor like bitcoine. They also indicated
That it could start cryptoncurrency its wave "We have a group of people who are now watching Futurie Cryptoco Ranjiez. Rupee is the option of Rupee, so say it, we are watching it carefully," Sen said.
In order to start this new crypton conduction, modification of the currency act may be required.
This post recieved an upvote from minnowpond. If you would like to recieve upvotes from minnowpond on all your posts, simply FOLLOW @minnowpond
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Lakshmi Narayan kijai!!!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
This post has received a 3.12 % upvote from @buildawhale thanks to: @openbull. Send 0.100 or more SBD to @buildawhale with a post link in the memo field to bid on the next vote.
To support our curation initiative, please vote on my owner, @themarkymark, as a Steem Witness
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit