[2015-05-22] DC: Centre mulls Bitcoins norms

[polynesia]

Centre mulls Bitcoins norms

http://www.deccanchronicle.com/business/economy/220517/centre-mulls-bitcoins-norms.html

A week after hackers behind biggest cyber attack  WannaCry  demanded ransom in bitcoins, Centre has asked public wether such virtual currencies should be regulated or banned. Currently there is no regulation on such currencies in India.

Bitcoins are first currency of choice in underground activities as they are practically untraceable. But recently people have started using it globally for trading, shopping and for investment purposes after its value hit all-time high.

The prevalence of Bitcoins has caused some concerns in government due to its hidden nature.

[polynesia]

Widely covered across media houses.

http://profit.ndtv.com/news/economy/article-government-seeks-public-views-on-future-of-bitcoin-1696810
http://www.business-standard.com/article/pti-stories/govt-seeks-public-views-on-future-of-bitcoin-117052200947_1.html
http://www.business-standard.com/article/markets/government-initiates-debate-to-regulate-bitcoin-117052200869_1.html
http://economictimes.indiatimes.com/news/economy/policy/government-seeks-public-views-on-future-of-bitcoin/articleshow/58790989.cms
http://www.livemint.com/Industry/ETJmoQBDfQeup0hGpkwLJI/Should-bitcoins-be-banned-Govt-seeks-public-views-on-MyGov.html
http://www.news18.com/news/business/government-seeks-public-views-on-future-of-bitcoin-1409163.html
http://indiatoday.intoday.in/story/govt-seeks-public-views-on-future-of-bitcoin/1/960053.html
http://www.hindustantimes.com/business-news/govt-seeks-public-views-on-future-of-virtual-currency-bitcoin/story-TV1NGFupKrxPFFg0osd2UK.html