Question
EconomyDigital Economy and FinTechCBDC, Crypto-assets and Digital CurrencyMedium (editorial estimate)
Question details
Type:
Statement based
Skill:
Concept understanding
Tags:
CBDC, Crypto-assets and Digital Currency · With reference to 'Bitcoins', sometimes seen in the news, which of the following statements is/are correct?
Related topics:
Blockchain and Distributed Ledger Technologies

Classification and difficulty are editorial labels. Explanations are awaiting review.

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With reference to 'Bitcoins', sometimes seen in the news, which of the following statements is/are correct? 1. Bitcoins are tracked by the Central Banks of the countries. 2. Anyone with a Bitcoin address can send and receive Bitcoins from anyone else with a Bitcoin address. 3. Online payments can be sent without either side knowing the identity of the other. Select the correct answer using the code given below.

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Question 66 · CBDC, Crypto-assets and Digital Currency · Economy · UPSC Prelims 2016 (GS)

Topics and years

2016 · GS · Question 66