Post
Topic
Board Economics
Re: Introducing a state-issued cryptocurrency
by
TelolettOm
on 14/12/2021, 22:33:32 UTC
Union Finance Ministry has take a decision on a state-issued cryptocurrency soon but ban all private cryptocurrencies. The VHP leader had sought a ban on all cryptocurrencies alleging its usage to fund terrorism, drugs and other 'anti national activities'.
Doesn't this mean that our freedom and right to use our money is severely restricted? And is it true that they will actually track where we are using those crypto assets? Will the crypto be banned or the person? What if only a few people use it for criminal purposes? Will it have an impact on the crypto asset ban even if only a few people or maybe 1 person violates it?