"RESERVE BANK OF INDIA (RBI)" MOVE TO BAN CRYPTOCURRENCY WITHOUT RESEARCH
In the RTI application filed by a startup consultant, Mr. Varun sethi, on 9 april the central bank which is also known as RBI said it does not have an internal committee or appoint any official committee to look in VCs.
However, the RBI is a part of two different committee that have constituted under the Ministry of Finance study about virtual currencies in India.
One of the most important thing that ,
"RBI specifically mention that it conducted no research before implimentation of restriction in April, and one more shocking statement of RBI that no committee was ever formed for analysing the concept of blockchain before the decision".
Even its to difficult to understand, why India still called as INDEPENDENT COUNTRY, go ahead and declair a MONARCH COUNTRY or A RULE OF THUMB in India.
Bitcoin is a way of development and the way INDIA should legalised it
But now bitcoin will be legal in india
yes u r right, but only we r waiting for 3july decision
bad news
thank u for response, i will try better next time......
nice research
thank u bhai .....even i more focus on the govt. policies, which is dne with research and discussion
bro follow me back if u r not done still
upvote for me please? https://steemit.com/news/@bible.com/6h36cq
Yes bitcoin is legal in india but bitcoin is crash
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If this things happen, India will gradually decline in terms of Blockchain development... It's the future, government has to understand it.