Post
Topic
Board Economics
Re: Cryptocurrencies have won with court in India – for how long?
by
sazonk
on 25/01/2020, 11:15:07 UTC
something like this must happen in every country that wants to implement cryptocurrencies as legal payment instruments. It will definitely experience obstacles when it occurs in a country that holds a democratic and diverse system of governance. Because this is not easy, the Government certainly does not want to reorganize the economic and financial system that has been arranged in such a way just because of the emergence of cryptocurrency, I do not agree that crypto is not allowed in India, but this will trigger financial fluctuations in India, not to mention the negative impact of crypto . India is one of the countries with the highest level of corruption in the world, reaching almost 69%, just imagine, if this crypto is used as a place to store their corruption proceeds, or can be called money laundering, with crypto which is anonymous it is clear that this cannot be traced like funds stored in a bank that can be tracked easily.