Quote from: kafka on December 07, 2013, 08:42:30 AM

Quote from: Benson Samuel on December 07, 2013, 08:32:50 AM

Quote from: kafka on December 07, 2013, 08:31:02 AM

A liquid Indian exchange is the need of the hour, I believe there is a market for it in India. What surprises me is no one has set one up yet.

Vanilla flavored buying and selling cannot be regulated, but in the event of customers matching their own orders, etc, Extensive regulatory permissions are needed in India.

Also, there is no 100% secure solution as yet. So, it will have to be an Enterprise effort, probably Buttercoin?

Do these regulations apply to bitcoin as well? India hasn't banned/regulated any kind of bitcoin transactions yet.
Buttercoin seems to be an interesting project, hope it reaches India.

Buttercoin has reached India. Their first focus is on India and Sunny Ray is their Director of BD.