Naavi
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IICA Qualified Independent Director
Book Cyber Crimes
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Author Archives: Vijayashankar Na
Bitcoin in India.. Raid to force regulatory Clarity
The raids conducted by the Enforcement Directorate in Ahmedabad on Bitcoin traders appear at first glance to be a blow to the Bitcoin community. Temporarily there will be fear and a suspicion that the Bitcoin bubble has been pricked. Holders … Continue reading
Posted in bitcoin
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Enforcement Directorate conducts Raids on Bitcoin Operator in Ahmedabad
It has been reported that Enforcement Directorate has conducted a raid on one of the Bitcoin service providers in Ahmedabad and investigating the possibilities of any foreign exchange regulations by the customers. More details are available here. Naavi
Posted in bitcoin
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RBI Advisory on Bitcoins causes a stir
After RBI released its advisory cautioning the public and Bitcoin intermediaries about the legal and financial risks, it is reported that many Bitcoin intermediaries have suspended their operations. Refer Indian Express Article here The intention of RBI’s advisory was mainly … Continue reading
Posted in bitcoin, ITA 2008
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Cyber Law Developments in 2013
Here is a summary of Cyber Law related developments in India collated by Mr Pavan Duggal, Advocate, Supreme Court of India. Published in Economic Times Naavi
Posted in Cyber Law
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RBI issues Advisory on Bitcoin
After a long wait, RBI finally came out with a caution advise on “Virtual Currency” with specific reference to Bitcoins. Copy of the Advisory is here RBI has conveyed caution on the potential financial, operational, legal, customer protection and security … Continue reading
Posted in bitcoin
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TV Anchor robbed of his Bitcoins right on the show
In an amusing real life story that provides an interesting lesson in information security, a Bloomberg TV anchor found that his $20 worth Bitcoin holding was stolen by a viewer when the anchor displayed his private key on the show. … Continue reading