Arun Jaitley says cryptocurrency is not legal tender, government will discourage its use.
hard stopping news >> In a move to regulate the **cryptocurrency** market in India,** Finance Minister Arun Jaitley today cleared that it is not legal tender and it will discourage its use.**However, he mentioned that the government will look at the utilisation of blockchain technology.
During the run-up to the **budget**, there have been talks that the government could come out with a roadmap to regulate the **cryptocurrency** market. There has been rising craze among investors to put in their hard-earned money into the highly volatile **cryptocurrency** market setting off alarm bells in the government.
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