Supreme Court Of India Instructs Govt And Central Bank To Check Bitcoin Transactions

pijushmitra (64)in #bitcoin • 7 years ago

Supreme Court of India has reportedly instructed the central government and the Reserve Bank of India (India’s central bank) to check for bitcoin transactions to prevent money laundering and terrorism funding. The central government and the Reserve Bank of India were given 4-week deadline to examine all security related issues related to cryptocurrency. Indian government now decides to track bitcoin transactions via the Reserve Bank of India and SEBI, India’s capital markets regulator.