Quote from: kathiresan on December 26, 2013, 05:47:27 AM

hi benson
i am planning to integrate bitcoins as a mode of payment on my website via bitpay.i would like to know what are the regulations which i have to follow ?

You can accept bitcoin in your website, the press relese was a general public warning on dangers to bitcoin. now a ruling on the legality of bitcoin.

Short answer yes it is legal to accept bitcoin. There are no regulation regarding bitcoin. however the regulation does apply once you convert your bitcoin into INR