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Wednesday, May 24, 2017

Ban or Else: Indian Government Asks Citizens What to Do With Bitcoin

Ban or Else: Indian Government Asks Citizens What to Do With Bitcoin

The government of India has fixed May 31, 2017, as the last day by which citizens can express their views of digital currencies on the government portal

This consultative process seems to be a step in the direction of taking some sort of stand on virtual currencies or digital currencies in India.

At the moment digital currencies like Bitcoin operate in a gray space in the country and there have been some controversies lately on the legality of Bitcoin in the second most populous country in the world. If the government is now taking on board public opinion it would appear that they are about to take a stand on the matter.

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