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Topic: Finally some News (Read 2010 times)

legendary
Activity: 1274
Merit: 1004
August 15, 2013, 12:08:21 PM
#24

Lol, she is very cool. She had been to our meetup as well.

That's nice Smiley
legendary
Activity: 1890
Merit: 1000
Landscaping Bitcoin for India!
August 15, 2013, 11:51:35 AM
#23
I read it. Benson Samuel is mentioned in it. Maybe it's time you got a proper domain for that .tk site of yours?

The economic times section of the india times also has an article about bitcoins.

Dont know why she mentioned that site. I do not really work on it anymore.

she.. oho  Wink

Now we know why Mr. benson was excited about this news....
http://www.linkedin.com/pub/indu-nandakumar/10/b99/a12

*cough* *cough*.. mr. benson  Cheesy

Lol, she is very cool. She had been to our meetup as well.
legendary
Activity: 1274
Merit: 1004
August 15, 2013, 11:30:17 AM
#22
I read it. Benson Samuel is mentioned in it. Maybe it's time you got a proper domain for that .tk site of yours?

The economic times section of the india times also has an article about bitcoins.

Dont know why she mentioned that site. I do not really work on it anymore.

she.. oho  Wink

Now we know why Mr. benson was excited about this news....
http://www.linkedin.com/pub/indu-nandakumar/10/b99/a12

*cough* *cough*.. mr. benson  Cheesy
legendary
Activity: 1890
Merit: 1000
Landscaping Bitcoin for India!
August 15, 2013, 07:43:24 AM
#21
This gets bitcoin attention in India. But it means that there is still a question mark about regulations. We saw a similar situation in the US with the fincen advisory and then all that regulatory pressure. It hasn't been a good thing so far.

I would assume that they found no one to procecute as yet. Hence the delay in regulating.

Hopefully this news will allow for many more people to get onboard and then the govt may see a revenue stream and intervene.
legendary
Activity: 3696
Merit: 1584
August 15, 2013, 07:40:34 AM
#20
This gets bitcoin attention in India. But it means that there is still a question mark about regulations. We saw a similar situation in the US with the fincen advisory and then all that regulatory pressure. It hasn't been a good thing so far.
legendary
Activity: 1890
Merit: 1000
Landscaping Bitcoin for India!
August 15, 2013, 07:23:40 AM
#19
I read it. Benson Samuel is mentioned in it. Maybe it's time you got a proper domain for that .tk site of yours?

The economic times section of the india times also has an article about bitcoins.

Dont know why she mentioned that site. I do not really work on it anymore.
legendary
Activity: 3696
Merit: 1584
August 15, 2013, 05:46:46 AM
#18
I read it. Benson Samuel is mentioned in it. Maybe it's time you got a proper domain for that .tk site of yours?

The economic times section of the india times also has an article about bitcoins.
sr. member
Activity: 378
Merit: 250
August 14, 2013, 07:22:02 AM
#17
Quote
"pose challenges in the form of regulatory, legal and operational risks."

and what is volume of bitcoins in India, RBI may need a good microscope to be able to see any volume.

legendary
Activity: 1890
Merit: 1000
Landscaping Bitcoin for India!
August 13, 2013, 10:25:45 PM
#16

I am speculating atleast 12 months more.
This news allows many people to come onboard and start using Bitcoin for their businesses.
Its what many have been waiting for.

You would assume  that the regulations, subpoena's, etc will happen post that wave of people entering into this space.
legendary
Activity: 1890
Merit: 1000
Landscaping Bitcoin for India!
August 13, 2013, 10:24:25 PM
#15

Good one.! RBI has more on their plate than they can eat right now. Once the rupee stabilizes, they will start hunting down bitcoiners..
The same thing happened here in USA. As long as there was recession, people in financial regulation bodies were sliced and diced for their mis-deeds.

Now that the economy is booming and they don't have anything else to do, they are sending summons to companies.

Btw the article mentions about Sunny Ray from blore. Who is it in the forum.?

infonetenergy
hero member
Activity: 518
Merit: 500
BTC < > INR & USD
August 13, 2013, 10:01:06 PM
#14

Good one.! RBI has more on their plate than they can eat right now. Once the rupee stabilizes, they will start hunting down bitcoiners..
The same thing happened here in USA. As long as there was recession, people in financial regulation bodies were sliced and diced for their mis-deeds.

Now that the economy is booming and they don't have anything else to do, they are sending summons to companies.

Btw the article mentions about Sunny Ray from blore. Who is it in the forum.?
member
Activity: 116
Merit: 10
Bitcoin Trading Platform
legendary
Activity: 1890
Merit: 1000
Landscaping Bitcoin for India!
member
Activity: 116
Merit: 10
Bitcoin Trading Platform
August 13, 2013, 09:46:03 PM
#10
Well, I was not able to find anything on TOI today. Let me know if you have anything.
legendary
Activity: 1890
Merit: 1000
Landscaping Bitcoin for India!
August 13, 2013, 12:56:18 PM
#9
If it is a statement from RBI , it should be on their website and not coming from a newspaper.

It might be quote from someone at RBI and it might not be a official statement

They had published something on Virtual currencies last month.
We need to see who this statement is coming from to begin with.

Once TOI prints the story tomorrow, this will make some news. Regardless, this is the first bite that the RBI have offered on a positive note for Bitcoin in India.
Lets see how this goes.

Thanks for the update benson.! Hopefully it is good news.
Looking forward to it!

It is.. Or so I was told. Never know what they print till it hits the stands.
hero member
Activity: 518
Merit: 500
BTC < > INR & USD
August 13, 2013, 07:04:33 AM
#8
If it is a statement from RBI , it should be on their website and not coming from a newspaper.

It might be quote from someone at RBI and it might not be a official statement

They had published something on Virtual currencies last month.
We need to see who this statement is coming from to begin with.

Once TOI prints the story tomorrow, this will make some news. Regardless, this is the first bite that the RBI have offered on a positive note for Bitcoin in India.
Lets see how this goes.

Thanks for the update benson.! Hopefully it is good news.
Looking forward to it!
full member
Activity: 157
Merit: 100
August 13, 2013, 06:27:15 AM
#7
Watch out for Tomorrow's Times of India.
They have got a statement from the RBI. Smiley

Sounds awesome so far Smiley

This may Be a Strong Negative News about Bitcoin ? Grin



Troll....
Soon RBI will Say "Bitcoin Banned in India " and Those who Transfer ,Hold ,mine and Receive Bitcoin will Consider as a Crime
legendary
Activity: 1890
Merit: 1000
Landscaping Bitcoin for India!
August 13, 2013, 04:48:59 AM
#6
If it is a statement from RBI , it should be on their website and not coming from a newspaper.

It might be quote from someone at RBI and it might not be a official statement

They had published something on Virtual currencies last month.
We need to see who this statement is coming from to begin with.

Once TOI prints the story tomorrow, this will make some news. Regardless, this is the first bite that the RBI have offered on a positive note for Bitcoin in India.
Lets see how this goes.
member
Activity: 116
Merit: 10
Bitcoin Trading Platform
August 13, 2013, 03:37:56 AM
#5
If it is a statement from RBI , it should be on their website and not coming from a newspaper.

It might be quote from someone at RBI and it might not be a official statement
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