Will Evaluate, Explore Cryptocurrencies to Improve Governance in India, Says Anurag Thakur
New Delhi: Amid reports of the rising presence of bitcoins and other forms of virtual currencies in India, Minister of State for Finance and Corporate Affairs Anurag Thakur on Saturday said the government is open to evaluate and explore new technologies, including cryptocurrencies, for improving governance.
“Let me say that we welcome innovation and new technology. Blockchain is a new emerging technology. Cryptocurrency is a form of virtual currency. I firmly believe that we must always evaluate, explore and encourage new ideas with an open mind,” he said.