SC order on cryptocurrency will offer only temporary relief

Cryptocurrency in India

Recently Supreme Court lifted the ban on Cryptocurrency trading, but the government is set to bring a bill that will ban cryptocurrencies and set up an infrastructure to issue a state-owned cryptocurrency and digital rupee. This news is related to the topic: Government policies of GS 2 and the Indian economy of GS 3. Details about cryptocurrency can be important for prelims, whereas issues, need and significance can be important for mains.

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