Bitcoin Forum

Local => India => Topic started by: bitterconews on February 11, 2014, 02:00:59 AM



Title: BitterCo.in Bitcoin News & Analysis
Post by: bitterconews on February 11, 2014, 02:00:59 AM
http://Bitterco.in (http://Bitterco.in)


Title: Re: Why I’m interested in Bitcoin or Crypto Currencies
Post by: Benson Samuel on February 11, 2014, 03:17:38 AM
I remember reading the original.

http://cdixon.org/2013/12/31/why-im-interested-in-bitcoin/


Title: Re: Why I’m interested in Bitcoin or Crypto Currencies
Post by: subvolatil on February 11, 2014, 06:20:53 AM


Damit why do noobs  always plagiarizer peoples work


Title: Re: BitterCo.in Bitcoin News & Analysis
Post by: dashingriddler on February 11, 2014, 07:22:01 AM
I did not get what is going-on on this thread


Title: RBI Examining legal, Security Aspects of Virtual Currencies, Says P.Chidambaram
Post by: bitterconews on February 12, 2014, 10:02:41 AM
Government today said the Reserve Bank of India (RBI) is examining legal and security aspects of virtual currencies like bitcoins or litecoins.

“The RBI is presently examining the issues associated with the usage, holding and trading of virtual currencies, including bitcoins, under the extant legal and regulatory framework of the country, including foreign exchange and payment systems laws and regulations,” Finance Minister P Chidambaram said in a written reply in the Rajya Sabha.

The Reserve Bank of India (RBI) in last December had cautioned users, holders and traders of virtual currencies about potential financial, operational, legal, customer protection and security-related risks that they are exposing themselves to.

Chidambaram said the public at large has been informed that creation, trading or usage of virtual currencies as a medium of payment are not authorised by any central bank or monetary authority.

“No regulatory approvals, registration or authorisation has been obtained by entities concerned for carrying on such activities. As such, they may pose several risks to their users,” the Finance Minister said.


Title: Re: BitterCo.in Bitcoin News & Analysis
Post by: Benson Samuel on February 12, 2014, 10:07:44 AM
yeah, its nice to see that the heads are taking notice.


Title: Re: BitterCo.in Bitcoin News & Analysis
Post by: bitterconews on February 12, 2014, 10:21:16 AM
“No regulatory approvals, registration or authorisation has been obtained by entities concerned for carrying on such activities. As such, they may pose several risks to their users,” the Finance Minister said

What about this statement is there a hidden hint


Title: Re: BitterCo.in Bitcoin News & Analysis
Post by: Benson Samuel on February 12, 2014, 10:24:25 AM
“No regulatory approvals, registration or authorisation has been obtained by entities concerned for carrying on such activities. As such, they may pose several risks to their users,” the Finance Minister said

What about this statement is there a hidden hint

All entities have asked for approvals, etc, but got no reply.


Title: Re: BitterCo.in Bitcoin News & Analysis
Post by: dashingriddler on February 12, 2014, 10:53:22 AM
The exact regulatory body who can give approval or authorization is also unknown