Category Archives: bitcoin

While there is a discussion on one hand about the RBI regulations on Bitcoins, the promoters of Laxmicoin are reported to be waiting for RBI clarifications for launching their Crypto Currency. (See Economic Times) Apart from the controversies surrounding Bitcoins … Continue reading →

The press conference conducted in Mumbai by the Bitcoin alliance ended up with the media reporting ” Bitcoins Alliance India advices public to keep off, seeks legal clarity” (Economic Times).  Investors need to look at what are the legal and financial … Continue reading →

After the high publicity received during what was termed “Global Bitcoin Conference” in Bangalore on 15th December 2013, it was natural that there should be some cooling down of passions. This happened with the twin actions of RBI releasing an … Continue reading →

Whenever press writes an article about Bitcoin, they use pictures similar to the following.  This picture immediately invokes the thought of a fiat currency and regulators start thinking  how anybody can “mint” such coins  without their permission. However the correct … Continue reading →

India is a country which tops in the annual inward remittances. In 2012, the total inward remittances were estimated at US$ 69 billion. China with US$ 60 billion was the second best. (Refer article). In the year 2013, despite the … Continue reading →

Countering the recent enforcement enquiries on two of the Bitcon traders in Ahmedabad and one in Tumkur/Bangalore, some of the operators in Bitcoin community have tried to organize themselves into an interest group so as to take up their case … Continue reading →