A Canada based NRI has demanded that RBI cannot be ambiguous on its policy on Bitcoins. Mr Venugopal, an NRI has caused a notice to be issued to RBI that the RBI circular on Bitcoins is vague and creates confusion in the industry.
A legal notice has been issued and RBI is expected to come up with its response.
See Report in DNA
Naavi
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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
