The Factors Affecting Implementing Crypto Currencies In India

Abstract

Among other things, the technological revolution has revolutionized money. It has given birth to a new form of currency known as cryptocurrency. It is only available in electronic or digital form and can be exchanged via online media. Because of their increased privacy and lower transaction costs, virtual currencies have grown in popularity in recent years. The aim of this paper is to create awareness regarding cyptocurrency.  And also this paper reveals that the general and specific issues of cryptocurrency while it is implemented in India.  Ultimately it draws the implications to solve the issues of cryptocurrency when it is implemented in India and also suggest the procedures to invest money in cryptocurrency.