[2017-05-31]Government steps up vigil on bitcoin transactions

[Bitwah]

NEW DELHI: The government is keeping a close watch on companies dealing with bitcoins to ensure that such transactions are not used to collect funds from gullible public. Bitcoin -- a virtual currency whose value has been soaring in international markets in recent months -- is yet to be brought under any regulatory framework in India.The Corporate Affairs Ministry is now keeping a close watch on companies as to whether they are getting into bitcoin transactions. ....

http://economictimes.indiatimes.com/news/economy/policy/government-steps-up-vigil-on-bitcoin-transactions/articleshow/58911702.cms