000 01124nam a22001337a 4500
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100 _aChandrasekhar, C. P.
_956984
245 _aThe crypto puzzle
260 _aEconomic & Political Weekly
300 _a60(37), Sep 13, 2025: p.10-13
520 _aThe United States has passed three acts to clarify and strengthen the regulatory framework for cryptocurrencies and digital assets, including one prohibiting the issue of a central bank digital currency by the Federal Reserve. The framework does less to regulate the issue and trading of these digital “assets” and more to give them official recognition. Combined with the direct interest of the Trump family in the crypto business, which is likely to bias policy in favour of coins hitherto seen as mere speculative tokens, this has led to heightened interest in these instruments. The consequence has been a steep rise in the benchmark bitcoin price to new record highs.- Reproduced https://www.epw.in/journal/h-t-parekh-finance-column/crypto-puzzle.html
773 _aEconomic & Political Weekly
942 _cAR