Authorities In India Admit They Recognise Bitcoin As A Legitimate Currency

Authorities In India Admit They Recognise Bitcoin As A Legitimate Currency
фото показано с : cryptodaily.co.uk

2018-7-26 16:30

As we should all know by now, cryptocurrency in India is taking a bit of a hit. With the Reserve Bank of India (RBI) ruling against it and the supreme court looking likely to do the same thing, by the end of September cryptocurrency could seriously hit a dead-end in the country.

Reports out today however highlight that the Law Commission of India, a branch of the Indian government, responsible for enabling legal reform have stated that actually, cryptocurrency should be recognised as a viable currency with store value and thus is something that should be regulated, not banned.

Continue reading Authorities In India Admit They Recognise Bitcoin As A Legitimate Currency at Crypto Daily™.

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