India Could Legalize Bitcoin Next As Public Calls for Regulation

India Could Legalize Bitcoin Next As Public Calls for Regulation

The online comments section, which is to run for 10 days, has already received nearly 4,000 submissions since it was launched on May 21st. The areas polled are: whether Virtual Currencies (VCs) should be banned, regulated or observed? In case VCs are suggested to be regulated, then what measures should be taken to ensure consumer protection, promote development and also which institution should be monitoring and regulating them?

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