Post
Topic
Board India
Re: India may ban Bitcoin
by
luckyindia
on 18/05/2018, 14:25:56 UTC
As per RBIs new regulations, btcs has already been identified as an illegal currency in India.
  A former Public Relations Officer in RBI told me "The RBI absolutely has No Rights on bitcoin, because bitcoin is not a currency issued by any Country or Government. According to the RBI Act of 1935 RBI has rights only on banks and fiat currencies"