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RE: Bitcoin Surges Back to $2800 As India "Legalizes" Cryptocurrency

in #bitcoin7 years ago

Thanks for the update but Indian government is to monitor bitcoin before deciding on regulatory it.
Representatives of various Indian government departments have made statement regarding the Indian government’s inquiry into virtual currencies. The statements clarify that Indian officials will first monitor cryptocurrency before determining if regulators are needed, and elude to the possibility that bitcoin may be recognized as a form of payment.