Govt open to evaluate and explore cryptocurrencies, says Anurag Thakur

Lincoln Wylie

Union minister Anurag Thakur on Saturday claimed the governing administration is open to evaluate and explore new systems, like cryptocurrencies, for improving governance.

Key Minister Narendra Modi himself is a potent advocate of embracing technologies in several elements of governance, the Minister of State for Finance claimed even though addressing an function organised by Entrepreneurs’ Organisation – EO Punjab.

“Permit me say that we welcome innovation and new technologies…blockchain is a new rising technologies. Cryptocurrency is a sort of virtual forex. I firmly consider that we have to always evaluate, explore and stimulate new suggestions with an open intellect,” he claimed.

A High-Amount Inter-Ministerial Committee (IMC) was constituted under the Chairmanship of Economic Affairs Secretary on electronic currencies and it has submitted its report.

The governing administration would consider a choice on the tips of the IMC and the legislative proposal, if any, would be launched in Parliament pursuing the

Read More