The Evolution and Growth of Cryptocurrency

ABSTRACT

"Due to the rapid development of data and communication technologies, multiple conditioning in our daily life have been intermingled online and they become more adaptable and more effective. A huge growth in number of online users has activated virtual term concepts and created a new business miracle which is cryptocurrency to ease the financial conditioning similar as buying, dealing and trading. The application of virtual currency has come broad in numerous different systems in recent times. Virtual money isn't completely controlled and regulated hence utmost of the countries haven't acknowledged this currency in their profitable conditioning. This document investigates about cryptocurrency present legitimacy as well as future government moves impact on these currencies. The paper also analyses investment risks in both Bitcoin and Gold countries have responded in terms of regulations & legislations towards crypto currencies to develop a crystal-clear picture of its impact on various laws in India in order to function it".