Search Results for: bank

Supreme Court should declare Bitcoin as illegal..to prevent Mr Modi gaining a higher moral ground

I as a citizen of India place this information for the attention of the honourable Supreme Court and demand that the Court should take into account the adverse effect that the Bitcoin regularization may have on the Indian Society before … Continue reading

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“Innovation Behind Bars” … Who is Nakoshi Sakamoto? Time to cancel the Bail for Unocoin

Cointelegraph.com has carried an article titled “ Innovation Behind Bars: the arrest of India’s first Bitcoin ‘ATM’ Operators”. It has made several comments on the arrest of the founders of Unocoin.com who owned the ATM which was installed in a mall … Continue reading

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Bitcoin is Illegal… says NASSCOM chief

In a significant development, Hindu has reported that that the Nasscom President Debjani Ghosh has stated that from Nasscom perspective it was very clear that crypto currencies were illegal. Some people  refuse to see the writing on the wall mostly … Continue reading

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Who is lying? Unocoin Advocates ? or the Press?

Over the last few days the arrest of the executives of Unocoin the Bitcoin trading company for installing a “Bitcoin ATM” in Bangalore is making news. There are views and counter views on whether it was fair to arrest the … Continue reading

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A Virtual Havala Center opens up in Bangalore. Are the Police …. RBI and Arun Jaitely aware?

Last week, there was a news report  that a Bitcoin ATM has become operational in Bangalore. It was hailed as “first of its kind” in the country and will have both a “Trading” and “Exchange” platform. The purpose of the ATM … Continue reading

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Cyber Criminals disturb the Hornet’s Nest in Bengaluru by attacking the DGP

In an interesting cyber crime reported from Bangaluru, the DGP and Chief of Internal Security Division, Mr Ashit Mohan Prasad, IPS, was defrauded by Cyber Criminals to the extent of Rs 2 lakhs. This was a typical fraud in which … Continue reading

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