International Research Journal of Commerce , Arts and Science
( Online- ISSN 2319 - 9202 ) New DOI : 10.32804/CASIRJ
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TAMING CRYPTOCURRENCY – A MUST
1 Author(s): DR. PAWAN KUMAR
Vol - 13, Issue- 2 , Page(s) : 30 - 37 (2022 ) DOI : https://doi.org/10.32804/CASIRJ
The purpose of this paper is to monitor and control the cryptocurrency at International level. Currency is used for exchange of goods and services for meeting requirements of individuals. It is used for investment purposes also. All countries of world are having mechanism of printing, circulating and controlling of currency as per requirements and the purposes of the Government such as controlling inflation improving standard of leaving, generating employment etc. A country manages its currency through its Central Bank, Monetary Policy, Budget and various financial legislations. But cryptocurrency is minted and circulated by individuals, institutions or corporates as per their own wishes. There is no centralized controlling authority of cryptocurrency in world.