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?
Yes, its absolutely true. But I dont think they will ban bitcoin a tax regime may be introduced to account all the transactions. India govt. Is already taking steps to stop money laundering so strict action can surely be taken.