Cryptocurrency is here to stay, says Paytm founder Vijay Shekhar Sharma
livemint.comVijay Shekhar Sharma today said cryptocurrency is here to stay and it is fundamentally based on cryptography, the study of secure communications techniques, news agency PTI report.
The Paytm founder's comments come as the government is all set to introduce the cryptocurrency Bill in the Parliament starting 29 November.
The Bill seeks to prohibit all private cryptocurrencies in India, but will allow certain exceptions to promote the underlying technology of cryptocurrency and its uses, the government said in a notification on Lok Sabha website. The bill also aims “to create a facilitative framework for creation of the official digital currency to be issued by the Reserve Bank of India".
Amid lightning pace developments in the cryptocurrency
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