Search Results for: bitcoin,Bitcoin,bit coin

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

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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

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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

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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

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Status of Bitcoin…Why our views have changed?

When Bitcoins were first introduced to the undersigned,  like many others, I was also impressed by the technology behind Bitcoins or Crypto coins. Many are aware that I was supportive of Bitcoins as a concept. Such persons may be wondering … Continue reading

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Government seeks Public Comments on Bitcoin Ban

Department of Economic Affairs, Ministry of Finance has constituted an Inter-Disciplinary Committee chaired by Special secretary (Economic Affairs) and representatives from Department of Economic Affairs, Department of Financial Services, Department of Revenue (CBDT), Ministry of Home Affairs, Ministry of Electronics and … Continue reading

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