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Topic: [2017-07-23] Bitcoin Gaining Commercial Traction In India Through Bollywood (Read 4328 times)

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Bitcoin Gaining Commercial Traction In India Through Bollywood and Online Portals

With the Indian government contemplating the regulation and legalization of Bitcoins, Bollywood celebrities are endorsing the digital currency which is now accepted by an ever-growing number of online portals and stores.

Although Bitcoin is not illegal in India, its jurisdiction falls under a gray area. An interdisciplinary committee comprising officials from the country’s finance ministry, IT ministry, NITI Aayog, and Reserve Bank was tasked with examining the framework on virtual currencies with a view to regulating and legalizing its use within 6 months.

http://bitcoinist.com/bitcoin-gaining-commercial-traction-india-through-bollywood-online-portals/
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