RBI and Regulations though they might seem like a hindrance, they are not. The mark of a growing industry is when regulations are put in place. They are needed because when a large number of population come to accept a specific technology or a Industry they should be protected from fly by night operators.


 For me the clincher definitely was technology.  Not that we do not have the technical people to get the exchange running. National Stock Exchange is the premier exchange we have in India and in most ways it is way ahead of exchanges in other parts of the world.

 With Bitcoin, the biggest threat is that this technology is not sufficient to prevent hackers.  The latest exchange to get hit is BIPS. 

With all the exchanges currently it is not a question of whether they will get hacked, it is a question of When ?