The spectacular rise in valuation of Crytocurrency “BitCoin” is getting attention of Governments, Regulators, Investors etc. all over the world and secured investment from some renowned names from major economies. In India, without sovereign guarantee of Government, investment in Crytocurrencies would be in hot water. Recently, RBI announced that it is examining the need to create a central digital currency (CBDC) to regulate the market, which could be a positive move for the crypto market.

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