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Title: THE HISTORY AND TECHNOLOGY BEHIND THE ADVENT OF CRYPTOCURRENCIES: STRATEGIES FOLLOWED BY VARIOUS GOVERNMENTS IN CONTROLLING THE UNREGULATED CURRENCY
Authors: Aaryan Krishan Mehra
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Aaryan Krishan Mehra Apeejay School Noida
MLA 8 Mehra, Aaryan Krishan. "THE HISTORY AND TECHNOLOGY BEHIND THE ADVENT OF CRYPTOCURRENCIES: STRATEGIES FOLLOWED BY VARIOUS GOVERNMENTS IN CONTROLLING THE UNREGULATED CURRENCY." Int. j. of Social Science and Economic Research, vol. 7, no. 10, Oct. 2022, pp. 3569-3579, doi.org/10.46609/IJSSER.2022.v07i10.0230. Accessed Oct. 2022. APA 6 Mehra, A. (2022, October). THE HISTORY AND TECHNOLOGY BEHIND THE ADVENT OF CRYPTOCURRENCIES: STRATEGIES FOLLOWED BY VARIOUS GOVERNMENTS IN CONTROLLING THE UNREGULATED CURRENCY. Int. j. of Social Science and Economic Research, 7(10), 3569-3579. Retrieved from https://doi.org/10.46609/IJSSER.2022.v07i10.0230 Chicago Mehra, Aaryan Krishan. "THE HISTORY AND TECHNOLOGY BEHIND THE ADVENT OF CRYPTOCURRENCIES: STRATEGIES FOLLOWED BY VARIOUS GOVERNMENTS IN CONTROLLING THE UNREGULATED CURRENCY." Int. j. of Social Science and Economic Research 7, no. 10 (October 2022), 3569-3579. Accessed October, 2022. https://doi.org/10.46609/IJSSER.2022.v07i10.0230.
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ABSTRACT: The paper discusses the advent of cryptocurrencies and the blockchain technology behind its invention. The fact that the currency is an unregulated one has led to most of the governments of the world to shun its existence. But, in recent years with the increasing popularity of the currency, for various reasons have led to a rethink of the way in which to handle its growing importance. At present, the methods adopted by most governments is to introduce their own digital technology. They have acknowledged its presence by imposing capital gain tax and other taxes on its usage. As this is a hit and trial method, no concrete solution has been discovered to counter the negative impact of this unregulated currency.

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