Govt to finalise crypto currency report in two months: Economic Affairs Secy

in #crypto7 years ago

Govt to finalise crypto currency report in two months: Economic Affairs Secy

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My sense is that by next year (during the later part of the year) we will have a quarter where we will have 8 percent growth. Then you will have a steady and higher annual growth of 8 percent. By 2019-20 we should have an annual growth rate of 8 percent.

The finance minister in his budget speech said that we will not allow cryptocurrency in illegitimate activity. Is there a possibility that a list of legitimate activity will come?

The expression now that we are using right now is crypto asset. We don't like the word currency. Nobody has the authority to issue currency or coins. So, these are misnomers, wrong expressions.

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