U-turn on bitcoin? Indian Government may allow cryptos with riders #India

in #bitcoin • 6 years ago (edited)

Source: Economic Times / Updated 13 June 2018

So Indian Govt may allow cryptocurrencies but with some riders.

What are those riders or what will be those riders is yet not known.

This comes as a positive surprise, as earlier the Indian Govt was in favor of banning Bitcoin and cryptocurrencies.

As an Indian Steemit user, this news is so refreshing.

Fingers crossed.

I hope they legalize tokens like Steem at least :)

Here is the link to full article, but not much of details in it (https://m.economictimes.com/markets/stocks/news/u-turn-on-bitcoin-government-panel-may-allow-cryptos-with-riders/amp_articleshow/64569227.cms?__twitter_impression=true)

#india #cryptocurrency #cryptocurrencies #steem
6 years ago in #bitcoin by
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     6 years ago 

    Thanks for update.
    I think government have no option other than its regulation. In long term crypto market is profitable and due to mass adpotion governments have to regulate it.

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       6 years ago 

      how to convert? what's the converting process.Is it visible or invisible money

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         6 years ago 

        I guess so :)

        Welcome

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          [-]
           6 years ago 

          At least something.

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