Post
Topic
Board Bitcoin Discussion
Re: India may ban bitcoin in 2018
by
staradvincula
on 10/11/2017, 16:03:03 UTC
There is a news that may be India will ban bitcoin in 2018. Make your guess will India really ban it or not?
News article link
https://qz.com/1121363/no-bitcoins-for-payments-and-settlements-says-the-reserve-bank-of-india/

The Indian government was adviced to stop the operation for the entire crytocurrency trading in India. Hesham Rehman, CEO and co-founder of Bitxoxo said that instead of shutting down the cryptocurrency dealers, the government should take actions in holding back buying and selling of bitcoin in cash.  The government also considered the possibility of making their own currency named "Lakshmi" to be introduce someday.  Which means that their be no bitcoin ban in India yet.