[2015-06-11] Indian Venture Capitalists Are Eyeing Local Bitcoin Companies

[tyz]

As a Bitcoin enthusiast, it is always positive to hear some good news concerning this disruptive digital currency. Mainstream media seems to be tackling Bitcoin from the ideology of it being “fake and magic internet money”, rather than doing some proper research. Luckily for all parties involved, investors are doing their due diligence before making a decision on Bitcoin. And investors in India are taking a very close look at Bitcoin right now.

http://coinyoo.com/2015/06/11/indian-venture-capitalists-are-eyeing-local-bitcoin-companies/

[1714131479]

1714131479

[1714131479]

1714131479

[1714131479]

1714131479

[bryant.coleman]

Bitcoin-based ventures in India are facing a lot of difficulties, such as setting up bank accounts. And another factor to be considered is that although there is no de jure ban on Bitcoin, there seems to be a de facto ban on the same imposed by the Reserve Bank of India (RBI). Until the legal aspects get clearer, I'd advice everyone to stay away from India.

[okae]

you are in truth, but dont forget this is not far away from other countrys, sadly but true, the good thing from my point of view is that in last months you can find more and more news about it, maybe things are moving faster than expected