Quote from: reliable on August 29, 2017, 06:13:31 AM

Quote from: Be Like Bro on August 27, 2017, 06:25:29 PM

Hi,
Actually I'm planned to start an exchange in india. As of now, I'm collecting much information about bitcoin regulations in india. If interested, we could work together. Btw, currently I'm at navi mumbai and I'm from tamil nadu. So basically I don't know hindi. But we could conv. With English.

I would say that wait for some time till government make it legalize in India. Because if you start and exchange and put so much money in technology , security etc and then govt change the decision and decide to ban than this means you just end up in a huge loss. So better wait to understand what laws are being framed and will it be easy or difficult law against btc also needs to be understood

Yep, my laywer adviced the same. But, afaik the RBI not going to announce any regulationson bitcoin. Everytime they talk about bitcoin, they're telling that, "a regultions willbe published forbitcoin soon". But nothing yet.

May be Imay try self regulations to prevent Money Laundering. I don't think, there's a better idea than this. And as the first step, I alredy creted a mock page with pre-registration available @ digitwel.com