Post
Topic
Board Bitcoin Discussion
Re: Need help from Indian bitcoiners: Sign the petition to announce bitcoin as legal
by
Kemarit
on 30/03/2017, 15:23:07 UTC
Announce bitcoins and cryptocurrencies as legal

Recently, there have been a few media reports that bitcoin has been declared illegal by the Indian government.

Bitcoin is not illegal as per existing laws. As per media reports, a parliamentary committee is setup to look into the future legality of bitcoins and cryptocurrencies.

Please sign and share this IMPORTANT petition and make your voice heard. We will collect your signatures and present before the standing committee.

Together, let's make India a global fintech hub.

Click here to sign the petition

We can try to do this one and and this is a small and easy thing to do to make a statement to the government. However, I don't think that the Indian goverment doesn't care about the petition. It will just add fuel to them to regulate the bitcoin is India. India is turning a blind eye on bitcoin, and will surely miss bitcoin in terms of online payment method.

I read that there is a virtual currency club or association in India which aim is to lobby government to recognize bitcoin trading? Any news about them?