bitcoin in india

Earlier in March this year, India’s Ministry of Finance established an interdisciplinary committee that includes a number of authorities including representatives from the central bank – which has issued warnings against the use of bitcoin in the past – to study the legal framework surrounding virtual currencies. Chaired by the Special Secretary of Economic Affairs Read More →

Bitcoin

Bitcoin is a type of digital or virtual currency in which encryption techniques are used to regulate the generation of units of currency and verify the transfer of funds, operating independently of a central bank. Bitcoin is totally based on the blockchain technology. So, bitcoin in itself as a technology is not a scam.  Bitcoin Read More →

Bitcoin & Cryptocurrency

The Indian cryptocurrency community is eagerly awaiting for a response from the government’s inter-ministerial committee regarding the legality of Bitcoin and other virtual currencies in the country. The government, press and legal experts have been discussing the possible outcomes and what it could mean to the country’s cryptocurrency ecosystem. Some have mentioned that the committee Read More →

bitcoin

On Friday, a group of major cryptocurrency exchanges announced their planned response to the split of bitcoin into two separate pools of currency and processing power. That event, known as a “hard fork,” is viewed as increasingly likely among bitcoin leaders, as a years-long debate about the network’s technical limitations and broader vision comes to Read More →