Growth of Crypto Currency and Pre-requisites for CBDC: A Case Study – Indian Context

Authors

  • Srujan Sannidhi Student, Department of Informatics, Chirec International, Hyderabad, India
  • Richa Sharma Research Scholar, Faculty of Humanities and Social Sciences, Symbiosis International University, Pune, India

Keywords:

Blockchain, CBDC, Corruption, Cryptocurrency, Developing countries, Digital currency, Economic growth, India, Literacy, Stablecoins

Abstract

Cryptocurrency, Stablecoins, and Central Bank Digital currency are the new kids on the block. What should the government do? The cryptocurrency market has reached $1.2 trillion. Now the governments can no longer ignore these or take a passive approach. This paper suggests what governments in developing countries or central banks should do to handle the cryptocurrencies /stablecoins/central bank digital currency.

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Published

13-09-2022

Issue

Vol. 5 No. 9 (2022)

Section

Articles

License

Copyright (c) 2022 Srujan Sannidhi, Richa Sharma

Creative Commons License

This work is licensed under a Creative Commons Attribution 4.0 International License.

How to Cite

[1]
S. Sannidhi and R. Sharma, “Growth of Crypto Currency and Pre-requisites for CBDC: A Case Study – Indian Context”, IJRESM, vol. 5, no. 9, pp. 34–40, Sep. 2022, Accessed: Dec. 21, 2024. [Online]. Available: https://journal.ijresm.com/index.php/ijresm/article/view/2354