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
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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
