Timeline: An Overview of Bitcoin in India
CoinDesk recently reported that the Reserve Bank of India's (RBI) governor and two of its deputy governors had discussed bitcoin during a banking conference held in August. During his speech, the RBI's deputy governor Shri R Gandhi addressed cryptocurrencies and crowdfunding, saying both had disruptive potential, but needed to be controlled in order to avoid undesirable consequences. As much as they were notable, Gandhi's comments were also relatively inconclusive and added to the ongoing uncertainty about bitcoin regulation in the country. This, however, was not the first time the Indian....
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Bitcoin is taking off around the world. Specifically, there is much potential for growth in Southeast Asia, in particular in a nation with the second largest population in the world: India. I had the privilege of speaking with Sunny Ray who is active in the Bitcoin community in Bangalore, India, Nilam Doctor, CEO of Real Bitcoins, and Harsh Patel, proactive member of the Bitcoin Foundation Education Committee who is located in Mumbai. The Bitcoin community in India is continuing to expand. Sunny Ray is currently involved in theunocoin project and serves as an integration partner with....