Search Results for: bitcoin,Bitcoin,bit coin

What should be the policy on Crypto Coins in Digital India ?

Posted on October 10, 2015 by Vijayashankar Na

One of the issues that the Government of India is now trying to address is reduction in Black Money in the system. E Banking and Mobile Banking are expected to assist in the reduction of use of cash in the … Continue reading →

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Laxmi Coin.. The name is a problem

Posted on January 7, 2014 by Vijayashankar Na

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 →

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Crypto Coins Due Diligence Framework

Posted on December 5, 2013 by Vijayashankar Na

Against the belief that China would allow Bitcoin to thrive, news has come that China has now banned financial institutions from transacting in BTC.  While full details are not yet known, the regulation may prenvent Banks from buying and holding … Continue reading →

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More Cryptocoins come up for attention

Posted on November 27, 2013 by Vijayashankar Na

Close on the publicity generated by Bitcoin exchange rate going upto US$1132, many more crypto coins are coming to the attention of the public. First it was Litecoin and now Novacoin, Namecoin, Quark coin,Chinacoin, Feathercoin also seem to be gaining … Continue reading →

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Litecoin as another virtual currency?

Posted on November 27, 2013 by Vijayashankar Na

The success of Bitcoin concept has attracted “Litecoin”  a similar virtual currency system promising some technical improvements. The target for litecoin is 84 million currency units as against 21 million targetted by Bitcoin. The presence of two virtual currencies in … Continue reading →

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Is RBI out of its mind on allowing minor digital banking accounts ?

Posted on April 24, 2025 by Vijayashankar Na

Recently we saw that RBI came up with a circular (Refer TOI article here). RBI had in its earlier circulars (Refer here) starting from 1976 had indicated that the purpose of opening minor accounts was to encourage the habit of … Continue reading →

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