[2015-05-11] Indian Bitcoin Exchange heads to Bombay Fintech Forum ∙ IHB News™

[anirgu]

India bitcoin exchange, Coinsecure will be one the premier sponsors at VCCircle’s Payment Forum being held in Mumbai later this week. This news is a welcome breath of fresh air for the Indian bitcoin industry as just last week we got news of the closure of BTCXIndia, another bitcoin exchange based out of Hyderabad. They are planning to close operations because Kotak Mahindra their bank, has received a message from the top brass not to do business with Bitcoin businesses.


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[LiteCoinGuy]

India should support some of these firms. otherwise they will be the third world again in this field... 

[anirgu]

you are 100% right!

[bryant.coleman]

India should support some of these firms. otherwise they will be the third world again in this field... 

They are harassing the existing exchanges. And the RBI (Reserve Bank of India) harassment has already forced BTCX India to stop their operations. The current head of the RBI, Raghuram Rajan is extremely anti-Bitcoin. The Bitcoin sector in India will not grow unless this moron is quickly removed from the office.

[anirgu]

WRONG bro. I am glad you care, but RBI Governor Raghuram Rajan is actually the most forward thinking governor we have had in this position. He is pro digital cash and aside from that one press release I don't believe he has been anti-bitcoin or any bitcoin one way or the other.