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Showing posts from December, 2021

Impact of Cryptocurrency on The Stability of Rupee

Recently, a report pertaining to cryptocurrency news India took the nation by storm. The report says that the Indian government has a huge concern over the impact of cryptocurrency on the stability of its fiat currency, the rupee. Moreover, the government had earlier assigned the task of drafting the nation's digital asset ecosystem rules to a panel which has recently expressed its apprehension regarding the ill-effects of virtual currencies on the rupee's stability. Cryptocurrency on the Stability of Rupee Set up in November, 2017, the panel is headed by Subhash Chandra Garg, a top bureaucrat of the country. The panel is currently at the crossroads regarding the effect cryptocurrency transactions will have on the Indian rupee. The members of the panel bumped into this less-explored area while being in the advanced stages of drafting cryptocurrency regulations. Consequently, a representative of the Indian cryptocurrency community met the panel members to throw some light on the

Importance of Cryptocurrency News For Traders

 Cryptocurrency market is expanding like never before and there are a lot of opportunities for traders. Needless to say cryptocurrency market is where people buy and sell cryptocurrencies like Bitcoin, Ripple, Ethereum, etc. of different countries based on Cryptocurrency news regarding the movements of the currencies. Here it must be mentioned that the profit or loss from this trading stems from the difference of the value of a particular cryptocurrency at the time of its purchase and at the time when it is sold. Needless to say the decisions regarding when to buy or to sell any cryptocurrency should be based on the political and economic situation as well as the demand and supply. Reading the top cryptocurrency news traders can benefit a lot as it provides detailed information regarding all political, economic, and commercial market trends. Moreover, as it is important to visit a reliable site that provides up-to-date cryptocurrency news and keeps you abreast of all the developments,