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Govt open to evaluate and explore cryptocurrencies, says Anurag Thakur


Union minister Anurag Thakur on Saturday said the government is open to evaluate and explore new technologies, including cryptocurrencies, for improving governance.
Prime Minister Narendra Modi himself is a strong advocate of embracing technology in various aspects of governance, the Minister of State for Finance said while addressing an event organised by Entrepreneurs Organisation - EO Punjab.
Let me say that we welcome innovation and new technology.blockchain is a new emerging technology. Cryptocurrency is a form of virtual currency. I firmly believe that we must always evaluate, explore and encourage new ideas with an open mind, he said.
A High-Level Inter-Ministerial Committee (IMC) was constituted under the Chairmanship of Economic Affairs Secretary on digital currencies and it has submitted its report. ....

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