It isn’t a secret that Reserve Bank of India (RBI) has never been a big fan of Cryptocurrencies. In the past, the central bank has given fair warnings against investing in the likes of Bitcoin due to its high volatility and speculative nature.
Even then though, the number of crypto-investors continued growing in the country.
However, the latest RBI announcement on Bitcoin can be a
major blow for the entire community in India.

Well, sometimes the user of the Bitcoin public address declares their name along with the public address. Identity can also be traced if you are using a private wifi connection. Here we generally give our proof of ID, through which our identities can be matched against our IP.

CRIMINALS are laundering money by investing in crypto currencies like bitcoin, Scotland Yard has revealed.Known as Geek’s Gold, the online transactions are anonymous and not traceable.
Drug dealing, cyberfraud, prostitution, gun-running and other major crime profits are being ploughed into the internet currencies.
Drug pedlars are using high street bitcoin ATM machines to deposit cash from deals, and there are 77 such ATMs in Britain.

Bitcoin trading is a rapidly growing trend all over the globe, and so is the ecommerce business. The instantaneous process, better security and absolute zero intervention of any financial institutions over digital currencies make it a better and preferred option for many consumers. On the other hand, the towering competition in e-commerce industry is transforming its accessibility to a new level of excellence like we’ve never seen before.

Bangladesh Bank has banned the use of Bitcoin, a virtual cryptocurrency, in Bangladesh by issuing a circular on its website. The circular read that Bitcoin is not an authorised and legal currency in any other country in the world. “Transaction with this currency may cause a violation of the existing money laundering and terrorist financing regulations,” the circular further read.

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cryptocurrencies – the more popular they become, the more regulation and government scrutiny they are likely to attract, which erodes the fundamental premise for their existence.
While the number of merchants who accept cryptocurrencies has steadily increased, they are still very much in the minority. For cryptocurrencies to become more widely used, they have to first gain widespread acceptance among consumers. However, their relative complexity compared to conventional currencies will likely deter most people, except for the technologically adept.

Bitcoin crypto currency become most popular. Now many people invest here. So it is very important to store bitcoin safely. There are many ways to store bitcoin safely. Desktop wallet, hardware wallet, paper wallet are most safe way to store bitcoin.Most of invester use these way.