BITCOIN IS LEGAL IN INDIA?

The Indian regulators, starting from the Reserve Bank (RBI) to finance ministry, have been extremely cautious in apprising the investors of the perils of investing money in bitcoins, among other digital currencies

In recent Events,

“The RBI specifically mentions that it conducted no research or consultation before the implementation of restriction in April. The RBI also responded that no committee was ever formed for analysing the concept of blockchain before the decision,” said Varun Sethi, a lawyer and founder of blockchainlawyer.in

In a response to the RTI application filed by a startup consultant, Varun Sethi, on April 9, the central bank said it does not have an internal committee that looks into VCs

So Good News Is About to Come in all Countries...