India's Supreme Court Ask Indian Government on Bitcoin Regulation

in #bitcoin7 years ago

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The Indian Supreme Court has asked the government to respond to calls to regulate bitcoin.

Three justices issued a notice to the central bank, the market regulator, the tax department, and several other agencies,asking them toanswer a petition on the matter.

Petition to the court expressed concern that bitcoin can be used to conduct transactions across borders without a trace, making it an attractive tool for ransomware attackers and tax cheats.

Now, We steemiter and Crypto investors have to wait for Government Strands & Policies.

Thanks!!!

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this is still confusing for India.. hope, they will handle positively

We hope indian Government will take positive step

We have to wait..
Hope Government will Clear strands on Crypto Soon

Wow nice post. Keep em coming. will folloy you for more in the future :)

I will also follow you dear