Government should not ban cryptocurrencies, says Subash Chandra Garg
While addressing the participants at a virtual event organized by industry body Assocham recently, former Finance Secretary Subash Chandra Garg said that the government should not outright ban cryptocurrencies but it should come with a proper plan to regulate cryptocurrencies to promote the growth of digital currencies. In his statement, he also urged the government to promote the use of crypto services. Subhash Chandra Garg as the former Finance Secretary of India headed the inter ministerial committee (IMC) that drafted India’s cryptocurrency bill and had a major role in the overall process of the regulation of cryptocurrencies in the country. This has come as a much-needed ray of hope for the crypto industry amid the ongoing concerns over the possible ban on cryptocurrencies by the Indian government. As of May 2021, the Indian crypto industry has millions of participants, including active users, investors, startups and developers. All these people are looking forward to hearing good news from the government, which seems to be determined to put a full ban on cryptocurrencies. In his address, the former Finance Secretary urged the government to consider regulating cryptocurrencies instead of completely prohibiting them. “I don’t think we still have full clarity and understanding about how to regulate cryptocurrencies... Regulate, control cryptocurrencies but allow the crypto assets, encourage the crypto services.” At the same time, Garg is positive that the government will come up with some intermediary solution that emphasizes the benefits of cryptocurrencies while removing their negative sides. At the time of writing this article, there are already over a thousand cryptocurrencies exist in India, including many international crypto-coins and many more coming. Many of these cryptocurrencies are backed by strong and futuristic projects that can do a lot of good for the Indian economy and people. The Libra Project, which was launched in India only recently, for instance, intends to streamline the Indian e-commerce system with the global one using blockchain technology. It will not only allow Indian manufacturers to sell and supply their products to a worldwide audience but also it will ensure a truly trustless and middleman-free e-commerce system backed by many strong and secure payment options backed by the Libra Coin. There are many such crypto projects that are already here in India and developing their innovative systems to help the Indian economy grow in line with the global standards. It’s time for the Indian government to back this revolution and not do anything to interrupt it. Creating and launching a proper crypto regulation would be the best first step. There are already many crypto exchanges in India, allowing Indian users and investors to easily buy and trade their favorite cryptos. Libra is also planning to soon launch its global crypto exchange in India, which will allow cashless trading of ETH, Libra coin and multiple other digital currencies. We are hopeful that the Indian government will come up with a solution that fits the industry demands and what the country needs. Banning cryptocurrencies is certainly not the right way. What we need is a proper system to manage and run the crypto industry,” says the CEO and founder of Libra Ecosystem. Source Link: https://steemit.com/cryptocurrency/@libraecosystem/government-should-not-ban-cryptocurrencies-says-subash-chandra-garg
Government should not ban cryptocurrencies, says Subash Chandra Garg
While addressing the participants at a virtual event organized by industry body Assocham recently, former Finance Secretary Subash Chandra Garg said that the government should not outright ban cryptocurrencies but it should come with a proper plan to regulate cryptocurrencies to promote the growth of digital currencies. In his statement, he also urged the government to promote the use of crypto services. Subhash Chandra Garg as the former Finance Secretary of India headed the inter ministerial committee (IMC) that drafted India’s cryptocurrency bill and had a major role in the overall process of the regulation of cryptocurrencies in the country. This has come as a much-needed ray of hope for the crypto industry amid the ongoing concerns over the possible ban on cryptocurrencies by the Indian government. As of May 2021, the Indian crypto industry has millions of participants, including active users, investors, startups and developers. All these people are looking forward to hearing good news from the government, which seems to be determined to put a full ban on cryptocurrencies. In his address, the former Finance Secretary urged the government to consider regulating cryptocurrencies instead of completely prohibiting them. “I don’t think we still have full clarity and understanding about how to regulate cryptocurrencies... Regulate, control cryptocurrencies but allow the crypto assets, encourage the crypto services.” At the same time, Garg is positive that the government will come up with some intermediary solution that emphasizes the benefits of cryptocurrencies while removing their negative sides. At the time of writing this article, there are already over a thousand cryptocurrencies exist in India, including many international crypto-coins and many more coming. Many of these cryptocurrencies are backed by strong and futuristic projects that can do a lot of good for the Indian economy and people. The Libra Project, which was launched in India only recently, for instance, intends to streamline the Indian e-commerce system with the global one using blockchain technology. It will not only allow Indian manufacturers to sell and supply their products to a worldwide audience but also it will ensure a truly trustless and middleman-free e-commerce system backed by many strong and secure payment options backed by the Libra Coin. There are many such crypto projects that are already here in India and developing their innovative systems to help the Indian economy grow in line with the global standards. It’s time for the Indian government to back this revolution and not do anything to interrupt it. Creating and launching a proper crypto regulation would be the best first step. There are already many crypto exchanges in India, allowing Indian users and investors to easily buy and trade their favorite cryptos. Libra is also planning to soon launch its global crypto exchange in India, which will allow cashless trading of ETH, Libra coin and multiple other digital currencies. We are hopeful that the Indian government will come up with a solution that fits the industry demands and what the country needs. Banning cryptocurrencies is certainly not the right way. What we need is a proper system to manage and run the crypto industry,” says the CEO and founder of Libra Ecosystem. Source Link: https://steemit.com/cryptocurrency/@libraecosystem/government-should-not-ban-cryptocurrencies-says-subash-chandra-garg
Government should not ban cryptocurrencies, says Subash Chandra Garg
While addressing the participants at a virtual event organized by industry body Assocham recently, former Finance Secretary Subash Chandra Garg said that the government should not outright ban cryptocurrencies but it should come with a proper plan to regulate cryptocurrencies to promote the growth of digital currencies. In his statement, he also urged the government to promote the use of crypto services. Subhash Chandra Garg as the former Finance Secretary of India headed the inter ministerial committee (IMC) that drafted India’s cryptocurrency bill and had a major role in the overall process of the regulation of cryptocurrencies in the country. This has come as a much-needed ray of hope for the crypto industry amid the ongoing concerns over the possible ban on cryptocurrencies by the Indian government. As of May 2021, the Indian crypto industry has millions of participants, including active users, investors, startups and developers. All these people are looking forward to hearing good news from the government, which seems to be determined to put a full ban on cryptocurrencies. In his address, the former Finance Secretary urged the government to consider regulating cryptocurrencies instead of completely prohibiting them. “I don’t think we still have full clarity and understanding about how to regulate cryptocurrencies... Regulate, control cryptocurrencies but allow the crypto assets, encourage the crypto services.” At the same time, Garg is positive that the government will come up with some intermediary solution that emphasizes the benefits of cryptocurrencies while removing their negative sides. At the time of writing this article, there are already over a thousand cryptocurrencies exist in India, including many international crypto-coins and many more coming. Many of these cryptocurrencies are backed by strong and futuristic projects that can do a lot of good for the Indian economy and people. The Libra Project, which was launched in India only recently, for instance, intends to streamline the Indian e-commerce system with the global one using blockchain technology. It will not only allow Indian manufacturers to sell and supply their products to a worldwide audience but also it will ensure a truly trustless and middleman-free e-commerce system backed by many strong and secure payment options backed by the Libra Coin. There are many such crypto projects that are already here in India and developing their innovative systems to help the Indian economy grow in line with the global standards. It’s time for the Indian government to back this revolution and not do anything to interrupt it. Creating and launching a proper crypto regulation would be the best first step. There are already many crypto exchanges in India, allowing Indian users and investors to easily buy and trade their favorite cryptos. Libra is also planning to soon launch its global crypto exchange in India, which will allow cashless trading of ETH, Libra coin and multiple other digital currencies. We are hopeful that the Indian government will come up with a solution that fits the industry demands and what the country needs. Banning cryptocurrencies is certainly not the right way. What we need is a proper system to manage and run the crypto industry,” says the CEO and founder of Libra Ecosystem. Source Link: https://steemit.com/cryptocurrency/@libraecosystem/government-should-not-ban-cryptocurrencies-says-subash-chandra-garg
Virat Kohli Dances in Navratri Style Video Goes Viral
source Hello, guys today I am going to talk about the Virat Kohli latest dance performance during the ongoing test match in Antigua. this is not the first dancer where Virat Kohli has done in the stadium but this is one of the dancers I would like to say but has come on the special moment where in India especially in Gujarat people are preparing for the very Holi festival Navratri which is likely to come next month. And we all know Virat Kohli is a very big fan of Navratri and the lord Amba show is playing some Dandiya steps in the ground I think he is practicing for the Navratri. according to the report he has danced in the live match. Moreover, I would like to say here is their video I am presenting you as Virat Kohli has already won the hopeful West Indies series under the captainship of him and under Virat Kohli, India has won 12th test and out of which they had played 27 test cricket. So this is a very inspiration test through the of Virat Kohli. Moreover I would like to say when MS Dhoni was a captain of India then were same kind of performance which was carried out by Virat Kohli and no other change has been seen so far so I would say after the retirement plan of Mahendra Singh Dhoni would not likely MS Dhoni as sometimes as to finish the match we will definitely miss him. well after the match of Westindies in the Press Conference Virat Kohli really say nothing is possible in without a team whether it is a Navratri or it is a cricket match. Thanks for visiting my blog...Regards....
Virat Kohli Dances in Navratri Style Video Goes Viral
source Hello, guys today I am going to talk about the Virat Kohli latest dance performance during the ongoing test match in Antigua. this is not the first dancer where Virat Kohli has done in the stadium but this is one of the dancers I would like to say but has come on the special moment where in India especially in Gujarat people are preparing for the very Holi festival Navratri which is likely to come next month. And we all know Virat Kohli is a very big fan of Navratri and the lord Amba show is playing some Dandiya steps in the ground I think he is practicing for the Navratri. according to the report he has danced in the live match. Moreover, I would like to say here is their video I am presenting you as Virat Kohli has already won the hopeful West Indies series under the captainship of him and under Virat Kohli, India has won 12th test and out of which they had played 27 test cricket. So this is a very inspiration test through the of Virat Kohli. Moreover I would like to say when MS Dhoni was a captain of India then were same kind of performance which was carried out by Virat Kohli and no other change has been seen so far so I would say after the retirement plan of Mahendra Singh Dhoni would not likely MS Dhoni as sometimes as to finish the match we will definitely miss him. well after the match of Westindies in the Press Conference Virat Kohli really say nothing is possible in without a team whether it is a Navratri or it is a cricket match. Thanks for visiting my blog...Regards....
Virat Kohli Dances in Navratri Style Video Goes Viral
source Hello, guys today I am going to talk about the Virat Kohli latest dance performance during the ongoing test match in Antigua. this is not the first dancer where Virat Kohli has done in the stadium but this is one of the dancers I would like to say but has come on the special moment where in India especially in Gujarat people are preparing for the very Holi festival Navratri which is likely to come next month. And we all know Virat Kohli is a very big fan of Navratri and the lord Amba show is playing some Dandiya steps in the ground I think he is practicing for the Navratri. according to the report he has danced in the live match. Moreover, I would like to say here is their video I am presenting you as Virat Kohli has already won the hopeful West Indies series under the captainship of him and under Virat Kohli, India has won 12th test and out of which they had played 27 test cricket. So this is a very inspiration test through the of Virat Kohli. Moreover I would like to say when MS Dhoni was a captain of India then were same kind of performance which was carried out by Virat Kohli and no other change has been seen so far so I would say after the retirement plan of Mahendra Singh Dhoni would not likely MS Dhoni as sometimes as to finish the match we will definitely miss him. well after the match of Westindies in the Press Conference Virat Kohli really say nothing is possible in without a team whether it is a Navratri or it is a cricket match. Thanks for visiting my blog...Regards....