Though the Indian government is yet to decide on bitcoins, In an interesting move to spread the reach of crypto currencies in India, BillDesk has started accepting bitcoin payments. In the field of digital payments, BillDesk is a household name in India. It was founded in 2000 by Andersen professionals.Their payment services and processing network are used by many financial and banking institutions. State Bank of India (SBI) and Bank of Baroda (BOB) have invested in BillDesk whhich is a participant under the Payments and Settlements Systems Act, 2007 and is supervised by the Reserve Bank of India.
The entry of BillDesk-backed entity into the cryptocurrency space shows the increasing legitimization and mainstreaming of Bitcoin in India. This should soon boost butcoin prices in India
Coinome, billdesk company has plans of rapidly scaling up, starting from two cryptocurrencies (Bitcoin and Bitcoin Cash) and supporting more than 20 cryptocurrencies in one year. The company plans to leverage BillDesk's capabilities in the payments space to promote cryptocurrencies and attract customers.
Wowo...something interesting....really indian govt soon adapt bitcoin...
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Great news..I really hope it happens soon.
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