In the RTI application filed by a startup consultant, Mr. Varun sethi, on 9 april the central bank which is also known as RBI said it does not have an internal committee or appoint any official committee to look in VCs.
However, the RBI is a part of two different committee that have constituted under the Ministry of Finance study about virtual currencies in India.
One of the most important thing that ,
"RBI specifically mention that it conducted no research before implimentation of restriction in April, and one more shocking statement of RBI that no committee was ever formed for analysing the concept of blockchain before the decision".
Even its to difficult to understand, why India still called as INDEPENDENT COUNTRY, go ahead and declair a MONARCH COUNTRY or A RULE OF THUMB in India.
Bitcoin is a way of development and the way INDIA should legalised it
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But now bitcoin will be legal in india
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yes u r right, but only we r waiting for 3july decision
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bad news
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thank u for response, i will try better next time......
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nice research
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thank u bhai .....even i more focus on the govt. policies, which is dne with research and discussion
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bro follow me back if u r not done still
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Yes bitcoin is legal in india but bitcoin is crash
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If this things happen, India will gradually decline in terms of Blockchain development... It's the future, government has to understand it.
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