Re: India Cracks Down on Illegal Bitcoin Activities while Considering Regulations
The Indian government is currently deciding whether to regulate Bitcoin. Meanwhile, some Parliament members are working towards cracking down on illegal activities involving the digital currency.
Legitimate Bitcoin Businesses vs Pyramid Schemes
The governments efforts could be primarily aimed at pyramid schemes, rather than legitimate bitcoin exchanges and businesses.
Legitimate Bitcoin Businesses vs Pyramid Schemes
The governments efforts could be primarily aimed at pyramid schemes, rather than legitimate bitcoin exchanges and businesses.
Please provide the link to your source. We have seen India asking input for regulation to govern Bitcoin, which is a good start. The government
has a obligation to protect their consumers against economic crimes like Pyramid Schemes and/or MLM schemes. I just hope they will leave some
room for legitimate users to grow their normal businesses. We have seen what happened with Bitcoin when they over regulate it. {BitLicense}
