Subhash Chandra Garg Committee Current Affairs, GK & News

What is Ethereum 2.0?

December 2, 2020

The Ethereum is a crypto currency. Recently, it was launched in a faster, cheaper and more environmentally friendly platform, as the upgraded version called ‘Ethereum 2.0’. What is Ethereum? Ethereum is a decentralised and open source blockchain platform, which is a growing list of cryptographic blocks. Ether (ETH) is the cryptocurrency token of the Ethereum ..

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Inter-Ministerial Committee on Virtual Currencies submits Report

July 24, 2019

Inter-Ministerial Committee on Virtual Currencies headed by finance secretary Subhash Chandra Garg has submitted its report to the government. The committee set up by Centre has also proposed a draft bill ‘Banning of Cryptocurrency & Regulation of Official Digital Currency Bill, 2019’. Background Government had constituted an Inter-Ministerial Committee (IMC) on 2 November 2017 under ..

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Government sets up Subhash Chandra Garg Committee to regulate fintech sector

March 6, 2018

The Union Government has set up 8 member steering committee look into the development and regulation of the financial technology (fintech) sector in India. It will be headed by Economic Affairs Secretary Subhash Garg. The move follows an announcement by Finance Minister Arun Jaitley in the Budget. Members: Electronics and Information Technology Secretary, Financial Services ..

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