The process is similar to submitting documents to banks or insurance companies. There is no law which binds any two parties to exchange information until both parties are consenting to exchange of information.
Essentially they offer a service and they set their rules and the choice is your's if you would like to subscribe or not.
Government or laws have no role to play in this. It is an agreement between two consenting entities.
Topic: Are zebpay,coinsecure,btcxindia and other authorised? - page 2. (Read 2889 times)
In future, when regulation on cryptocurrencies comes out, if bitcoin is recognized as either
a. money or
b. forex or
c. ppi
OR
if these businesses are recognized as either
a. banks
b. foreign exchanges,
then it is a rule by RBI to collect KYC.
(Note: There are minute exceptions to this where a person can open a bank account without kyc)
btw, which company is asking for bank passbook? weird.
a. money or
b. forex or
c. ppi
OR
if these businesses are recognized as either
a. banks
b. foreign exchanges,
then it is a rule by RBI to collect KYC.
(Note: There are minute exceptions to this where a person can open a bank account without kyc)
btw, which company is asking for bank passbook? weird.
hey all...
we all well known buying bitcoin is not too easy in india.we must have to fill kyc form and give our PAN,ADHAR CARD,BANK PASSBOOK, for account verification.
there are many exchange in india like-zebpay,coinsecure,btcxindia,unocoin they all need our documents.
now question is that who gave them permission to keep ours pan aadhar card,bank passbook?what is guaranty they will not use our documents for illegal things? is any authority gave permission them to do this?
i know no one going do this but for knowledge i need answer.
give your view please.
thanks!
we all well known buying bitcoin is not too easy in india.we must have to fill kyc form and give our PAN,ADHAR CARD,BANK PASSBOOK, for account verification.
there are many exchange in india like-zebpay,coinsecure,btcxindia,unocoin they all need our documents.
now question is that who gave them permission to keep ours pan aadhar card,bank passbook?what is guaranty they will not use our documents for illegal things? is any authority gave permission them to do this?
i know no one going do this but for knowledge i need answer.
give your view please.
thanks!
Quite interesting. Well firstly do you have created account or submitted the details to any the exchanges mentioned above?
hey all...
we all well known buying bitcoin is not too easy in india.we must have to fill kyc form and give our PAN,ADHAR CARD,BANK PASSBOOK, for account verification.
there are many exchange in india like-zebpay,coinsecure,btcxindia,unocoin they all need our documents.
now question is that who gave them permission to keep ours pan aadhar card,bank passbook?what is guaranty they will not use our documents for illegal things? is any authority gave permission them to do this?
i know no one going do this but for knowledge i need answer.
give your view please.
thanks!
we all well known buying bitcoin is not too easy in india.we must have to fill kyc form and give our PAN,ADHAR CARD,BANK PASSBOOK, for account verification.
there are many exchange in india like-zebpay,coinsecure,btcxindia,unocoin they all need our documents.
now question is that who gave them permission to keep ours pan aadhar card,bank passbook?what is guaranty they will not use our documents for illegal things? is any authority gave permission them to do this?
i know no one going do this but for knowledge i need answer.
give your view please.
thanks!
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