Increasing Craziness Of Bitcoin, Companies Are Adding Bitcoin Name Behind Them

in #bitcoin7 years ago

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The surge in the crypto currency Bitcoin has not only attracted investors, but a large number of Indians are seeing the possibility of trading in this cryptoconcurrency. In view of this, people have started adding Bitcoin in front of their company name.

This craze is still in spite of all the regulatory warnings about the Bitcoin in industrialists and investors. Regulators have issued warnings about the operation of Bitcoin and its other options without Regulator. Bitcoin and other cryptocurrency include money laundering and funding for terrorism funding. Regarding regulatory agencies, there is concern that there is no ongoing activity of collecting money illegally under their control. Some of these fake companies have also been caught.

The regulatory and government departments are pursuing their investigation in this regard. Officials of these departments say that they are trying to understand this new attraction. In spite of this, the entrepreneurs are careless about the risks associated with it. From Ghaziabad to Kanpur and from Darjeeling to Jaipur and from Delhi to Ahmedabad, Mumbai, the attraction of the cryptocurrencies is increasing. Companies that apply for these names have proposed for different business activities.

In the last few weeks, there are about a dozen companies whose names are 'Bitcoin' in the name. Some of these companies have been registered recently. Apart from this, the registrar of the company has a large number of applications pending. The number of such companies is much higher, with the names 'crypto' connected. As an Indian version of Bitcoin, applications for registration of companies in the name of 'Indicoin' and 'BharatKoin' besides clean kiosks have been received. Another company has expressed a desire to do business as a financial intermediary unit. Another company says that he has given the application to work in the field of investigative journalism.

A company has proposed crypto coin for dentists worldwide. This company has promised to end the role of middlemen and facilitate insurance claims. Similarly, a company has proposed 'Sex Coin', which can be used for entertainment for adults and for payment in the sex business.

A large number of new units have been set up under the LLP. There have been several other private companies registered as such. Many listed companies are thinking of making changes in their constitution, which will add names of bitcoin and other cryptosystems with their names. Many units are working in the digital sector only and these companies are establishing a website or online exchange.

According to the registrar data of the company, the registration units have been registered in the form of Bitcoin Bazaar, Bitcoin Exchange, Bitcoin Finconsultants, Bitcoin India Software Services, Bitcoin Services India, BITOKOINS India, BitToine India and Bit Coin Infotech. Apart from this, there has been registration in the form of crypto advisers, crypto futuristics trades, crypto infotech, crypto, IT services, crypto labs, crypto mining, crypto yo coine India, crypto cone solutions and cryptromex digital services.

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