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CRYPTOCURRENCY AND MONETARY POLICY OF INDIA - New Delhi Times - India's Only International Newspaper


INTRODUCTION
Cryptocurrency is a virtual or Digital currency. It is the outcome of consistent growth of information technology in the last three decades. The fear is expressed whether emergence of this digital currency would render Central Banks obsolete. The virtual currency may one day serve as alternative means of payment and unit of account. That would reduce demand for fiat currencies or Central Bank money. This paper has endeavoured to seek an answer to the question, “Will Monetary policy remain effective in a world without legal tender money?”
CRYPTOCURRENCY- ORIGIN AND GROWTH
The origin of cryptocurrency maybe related to the year 1883, when American Cryptographer David Chaun created cryptographic electronic money called as e-cash. However, it failed to attract the attention of the household and the business sectors for large scale application as medium of exchange and unit of account in day-to-day transactions in all types of markets. ....

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ETtech Morning Dispatch on Feb 15, 2021: India at crypto crossroads


ETtech Morning Dispatch on Feb 15, 2021: India at crypto crossroads
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With a ban on all cryptocurrencies on the horizon, we take a (very brief) look at the history of the crypto phenomenon in
India to understand how we arrived at our present circumstance. We also speak to crypto exchanges and investors about their plans in case of a blanket ban, which would cut India off from what is now a $214 billion global market, not to mention numerous other benefits that access to the technology would bring. ....

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From boom to gloom -- the rise and fall of crypto trading in Nigeria


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