Author Archives: Vijayashankar Na

About Vijayashankar Na

Naavi is a veteran Cyber Law specialist in India and is presently working from Bangalore as an Information Assurance Consultant. Pioneered concepts such as ITA 2008 compliance, Naavi is also the founder of Cyber Law College, a virtual Cyber Law Education institution. He now has been focusing on the projects such as Secure Digital India and Cyber Insurance

Can we replace Bitcoin argument with a “Law Compliant Crypto currency of India” acceptable to all?

Naavi.org has a history of raising issues that are necessary to create a “Responsible Cyber Society”. Towards this end we have been critical on many aspects of Law and Governance of Cyber Society, but always tried to provide a positive … Continue reading

Posted in Cyber Law | 2 Comments

Your Bitcoin Wallet may vanish into thin air…If so, Will you blame RBI? or SEBI? or Modi?

Ever since the news was out that Government of India had formed a “Committee” to take a policy decision on whether Bitcoin and other Crypto Currencies are to be “banned”? or “Regulated”? or “Observed?” there has been a flurry of … Continue reading

Posted in Cyber Law | 3 Comments

Bitcoin is a National Security Issue… SEBI and RBI must step in and regulate..

The Committee of Finance Ministry has called for public opinion on whether Bitcoins (and other Virtual Currencies) should be banned or regulated or observed and thereafter the committee may come a decision at its own convenience. If we observe the … Continue reading

Posted in Cyber Law | Leave a comment

Bitcoin Regulation… What the Government needs to do.

This is our response to the Government seeking public comments on Bitcoin regulation: Query 1: Whether Virtual Currencies (VCs) should be banned, regulated or observed? Response: Firstly we would like to say that “Banning” is also “Regulation”. Hence when we say … Continue reading

Posted in Cyber Law | 3 Comments

Confusion on Section 65B (IEA) caused by an erroneous report ?

Today livelaw.in flashed a report stating that the  Madurai Bench of the High Court of Madras has reportedly observed that “Primary Evidence of electronic record under Section 62 of Indian Evidence Act would be admissible without compliance of Section 65”. … Continue reading

Posted in Cyber Law | 2 Comments

Layman’s Understanding of Bitcoin

Before the public want to respond to the request for the Government of India for an opinion on regulation of Bitcoins/Virtual currencies, there is need for us to understand clearly the nature of Bitcoins and why it is popular and … Continue reading

Posted in Cyber Law | Leave a comment