The law commission of India, which has been studying the feasibility of sports gambling, has clubbed virtual currency with other legally accepted modes of payments.
Are you referring to this news? If so, then you are mistaken. It is clearly stated there that Indian regulators might treat cryptocurrency as a commodity, and not as an alternative mode of payment. Either way, I think them looking at the bright side of what bitcoin and other cryptos offer for once is better rather than seeing them retaliating with a countrywide ban. 
Topic: India’s law reform committee is in favor of Cryptocurrency - page 2. (Read 233 times)
It is difficult to counter the bitcoin advance now because whoever did it would clearly prove what it really is.
For me, not only india country has study about cryptocurrency business, mostly all countries has been study about what cryptocurrency business really is, on what benifits has contributes to human lifes as long as to the economic developments. However until now there is no such legal implementation of cryptocurrency business that being accepted as terms of payments in every establishments.
The law commission of India, which has been studying the feasibility of sports gambling, has clubbed virtual currency with other legally accepted modes of payments.
These methods used for settling online transactions can also be used for betting on sports if and when made legal. Lets see the court decision in September.
These methods used for settling online transactions can also be used for betting on sports if and when made legal. Lets see the court decision in September.
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