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?
The same thing will always result in all their report which will be to either
1. They go the coward way, by saying banning everything that are related to bitcoin, from website to exchange site and several others or
2. To regulate which might be much more difficult for country like India.
Aside those two options, I don't see any other outcomes of all of their meeting, discussions, committees etc.