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IMF warns against the adoption of Crypto currency

  • Published
    6th Oct, 2021

An outright ban of Cryptocurrency is not a favourable policy option for India and India should focus on regulation of cryptocurrency instead. Discuss. (250 Words)

Approach:

  • Introduce by giving a definition of Cryptocurrency
  • Enumerate briefly the threats due to Cryptocurrency
  • Enumerate reasons why regulation is more favourable than banning
  • Conclusion
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