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Circulation of Stable Coins increases globally

  • Published
    8th Sep, 2021

Cryptocurrency has wide ranging applications, but it comes with its threats. Discuss. (250 Words)

Approach:

  • In the introduction, provide a brief definition of cryptocurrency and its types - decentralised and stable coins
  • Enumerate the benefits of Cryptocurrency
  • Highlight the problems associated with wide range use of Cryptocurrency.
  • List the steps taken by Government with regard to Cryptocurrency
  • Way forward and conclusion
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