CURRENT AFFAIRS

2019

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Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]

Who introduced the first Indian Platform for Wholesale Cryptocurrency Trading?

A	Koinex
B	WazirX
C	BuyUcoin
D	Zebpay

Explanation:

Detailed explanation-1: -BuyUcoin team launches the fist Indian multi-cryptocurrency exchange.

Detailed explanation-2: -On 1st November 2018, ten years after Nakamoto’s paper, Nischal Shetty, Founder of WazirX, started the #IndiaWantsCrypto campaign for the positive regulation of crypto in India. The earliest impact was seen when the campaign received a positive response from Rajeev Chandrashekhar, a sitting Rajya Sabha MP.

Detailed explanation-3: -Best Cryptocurrency Exchange For Indians - Binance Binance has more than 600 cryptocurrencies and is the fastest exchange for Indians.

Detailed explanation-4: -During 2013-17: The duration 2013-17 can be seen as a starting of cryptocurrency trend in India.

Detailed explanation-5: -Digital rupee (e₹) will be used for issuing virtual currency for transactions in government securities. The money will be in virtual form just like other cryptocurrencies but the digital rupee will not be decentralised, it will be regulated by the Reserve Bank of India (RBI).

There is 1 question to complete.