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Since quite some time, Bitcoin and Blockchain technology has been gaining enormous attention all over the world. There have been debates about its legalization, regulations, and controls. A number of governments have been altering their citizens on the usage of the leading cryptocurrency- Bitcoin. Some have even remarked it as a bubble which will soon burst. However, even though there have been opposing statements regarding the utilization of cryptocurrencies, the supporting system behind it, i.e. the Blockchain technology has always been praised and appreciated by leading personalities. The recent news is that Arizona, a southern west U.S state, has started a new revolution by accepting Tax payments in Bitcoin. Arizona has always been supportive of the Blockchain technology and is known as a Blockchain friendly state. Lawmakers in this US state have proposed permitting citizens (residents) to pay their taxes in Bitcoin. This will allow residents to make tax payments anytime and from anywhere.
The Indian Finance Minister, Mr. Arun Jaitely, on February 1 announced the big budget on cryptocurrency status in India. On this occasion, he also threw light upon the much-discussed topic of cryptocurrencies. There were a number of point of views by leading economists and analysts post the FM's speech. A leadingCryptocurrency news portal, NewsCCM, interviewed Dr. Amit Lankhanpal to understand his take on the recent cryptocurrency scenario in India. During the interview, Dr. Amit Lankanpal shed light on various aspects of the current situations of the Digital Currency in a developing country like India. He spoke about the impact of cryptocurrency on the financial market system, the on-going debate about the legalization and regulations of cryptocurrencies in India, the relationship of the Blockchain technology with the Banking industry and so on. More importantly, he also commented on the FM's idea of incorporating the Blockchain technology into the mainstream financial system. Dr. Amit Lankhanpal also shared insights about Money Trade Coin. To read the complete interview visit on given link: https://newsccm.com/2018/02/02/budget-2018-amit-lakhanpals-stance-crypto-industry-limitless-application-blockchain-technology/