Indias Government Agencies Still Have Concerns About Bitcoin
Indian officials revealed last week that the countrys tax agency and investigation task force have concerns about money laundering and black market activities associated with bitcoin. Indias Special Investigation Team (SIT) is in the midst of drafting a report detailing problematic issues regarding the decentralized cryptocurrency.
What do you think?
India will take time to regulate bitcoin but they will regulate.
Just like internet was new in India and people are scared that it will lead to bad sectors but later they regulated internet and it increased India's growth.
same is like bitcoin right now people are frightened and scared it will lead to bad sectors but later bitcoin will be regulated and gets legalised.