Post
Topic
Board Bitcoin Discussion
Re: After China & Russia, now India
by
Sithara007
on 09/10/2017, 16:19:19 UTC
In my opinion, it is important to understand that China, India, Russia are the countries for which co-financing and money laundering is a huge problem. And governments want to prevent the attackers from using bitcoin.

Yes... tax evasion and money laundering is a big problem in these nations. So it is not very surprising to see these nations taking a very tough stand on Bitcoins. Especially in India, Bitcoin users are being monitored by the government, after a lot of black money hoarders used BTC as a tool to hide their wealth during the demonetization process.