Subhash Chandra Garg Committee Current Affairs, GK & News
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 ..
Category: Science & Technology Current Affairs
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 ..
Month: Current Affairs - July, 2019
Category: Economy & Banking Current Affairs
Topics: Banning of Cryptocurrency & Regulation of Official Digital Currency Bill 2019 • Digital currency • DLT Technology • Inter-Ministerial Committee on Virtual Currencies • Private Cryptocurrencies • Subhash Chandra Garg Committee
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 ..