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Wednesday, 5 December 2018

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Digital currency can be soon launched in the country

Digital currency can be soon launched in the country





The government can soon announce  digital currency system. With this, there will be an availability of digital currency in the market.

In this regard, the committee, headed by the Secretary of Economic Affairs, has submitted its draft report to the government. It has been said in the report that the government should think seriously about bringing digital notes. It has been said that the government should issue digital notes to deal with virtual taxes like bitcoin.

According to the finance ministry sources, the finance ministry will soon meet with RBI on this report and after this, the final decision will be taken in this regard with the PMO. In the draft report of the Committee on Virtual Currency, it has been stated that electronic notes should also be issued along with physical notes. There should be control of RBI on issuing digital notes and circulation. The source of the digital currency, transactions should be kept confidential.

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