Paper Title
Emerging Economic Crimes in the Digital Age: The Legal Challenge of Cryptocurrency
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Registration ID: IJNRD_324845
Published ID: IJNRD2605366
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Keywords
cryptocurrency, block chain, PMLA, income tax Act, finance Act, digital currencies
Abstract
The term currency had evolved in many forms that it is beyond human possibility. the term currency was not evolved as a concept and there were only existence of the barter exchange and in later times the usage of currency was introduced in coins and then in currency notes currently the currency had evolved in current stage where transactions are made through debit/credit card and now a new type of transaction is evolving that is digital wallet and bitcoins. Bitcoins is a decentralized digital currency that uses blockchain technology to enable peer-to-peer transactions without the need for a central authority like a bank or government. Both the bitcoin and blockchain is digital currency and ledger it leads to easy transaction, anonymity, global transactions and decentralized control. The crypto currency is a new evolving kind of money it doesn’t have a clear statutory law. In India the government had made attempts to govern the transaction of crypto currency but it didn’t done its intended duty due to a single framed law. The lack of laws in many countries like India the bitcoin is made a gateway for illegal transaction and through the illegal transaction black money are transferred, black market runs through the means of crypto currency. This paper says what is crypto currency and block chain technology and its functioning, its problem and government attempt to govern the area and the need to create a separate law to govern crypto transactions
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How To Cite (APA)
Sai sivani & P. Kesavarthini (May-2026). Emerging Economic Crimes in the Digital Age: The Legal Challenge of Cryptocurrency. INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT, 11(5), d603-d609. https://ijnrd.org/papers/IJNRD2605366.pdf
Issue
Volume 11 Issue 5, May-2026
Pages : d603-d609
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Paper Reg. ID: IJNRD_324845
Published Paper Id: IJNRD2605366
Research Area: Other area not in list
Author Type: Indian Author
Country: Thanjavur, Tamil Nadu, India
Published Paper PDF: https://ijnrd.org/papers/IJNRD2605366.pdf
Published Paper URL: https://ijnrd.org/viewpaperforall?paper=IJNRD2605366
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