India could legalize Bitcoin soon as feedback from its citizens and businesses appears to be in support of regulating virtual currencies.Take a look at the latest Bitcoin News and get the overview of the tendencies in cryptocurrency market.
Bitcoin is not banned in India – community lashes out at misinterpreted news published by certain news sites.
This comes at a time when there are still no clear regulations on cryptocurrencies and bitcoin exchanges.According to a recent statement by a high-ranking official, the long-awaited crypto regulations in India are on the way.The SEC has ruled that well-known cryptocurrencies like bitcoin.Indian authorities are now establishing a special group for creating the regulatory framework for the Bitcoin.
Read the latest bitcoin regulations news and popular news about the cryptocurrencies that can affect your business.While most countries including India have yet to determine the legality of bitcoin,. bitcoin steem steemit life news. last year.The India Bitcoin regulation is aiming to standardize the digital currency market and industry within the country.
More Bitcoin regulations are. noticeably behind other regions when it comes to one factor crucial to the future growth of this burgeoning sector — regulation.Early adopters from India are taking to cryptocurrency trade in a big way, even before the government brings in regulations.In the process of establishing a regulatory framework for digital currencies the government of India seeks public opinion on bitcoin regulation.