India 'in Bitcoin in foreign currency accounts in the firing line. Bitcoin currency accounts of large banks are either frozen or, in the majority, their functionality is severely restricted. The Indian Central Bank (SBI), Axis Bank, HDFC Bank, ICICI Bank and Yes Bank have taken a major step towards the crypto money market by closing accounts or restricting their functionality . According to local reports, these banks are suspicious.
According to a recent report, Lawyer Bivas Chatterjee has filed an appeal in Calcutta with the intention of public action for urgent regulation of Bitcoin and other crypto-money . In addition, in late years of the past year, the Ministry of Finance hashas proposed a ponzi scheme to Bitcoin.
The attitude to Bitcoin has started to become tense around the world. In particular , US Treasury Secretary Steven's Much , Bitcoin 's and other crypto unit to make sure the money is properly regulated G20 specify the country will begin to work together has been confirmed.