[2015-11-02] ET: Ahmedabad’s GreenCoinX gets nod to operate in Isle of Man

[polynesia]

Ahmedabad’s bitcoin startup GreenCoinX gets legal nod to start operations in the Isle of Man

http://economictimes.indiatimes.com/small-biz/startups/ahmedabads-bitcoin-startup-greencoinx-gets-legal-nod-to-start-operations-in-the-isle-of-man/articleshow/49622670.cms

Ahmedabad-based bitcoin startup GreenCoinX, developer of the world's first identifiable crypto currency, has won legal recognition to start operations in the Isle of Man, a self-governing British Crown dependency. "We welcome the decision by GreenCoinX to establish its operations in the Isle of Man which reinforces our position as leading the way in the digital currency sector," said the Isle of Man Chief Minister Allan Bell MHK.

He said the Isle of Man is one of the first countries to have amended legislation to apply to digital currency, thereby "helping to protect consumers and keep out crime". GreenCoinX was founded in 2012 by Nilam Doctor, who developed identifiable digital currency which is traceable and has inbuilt security system and is thus a major improvement on the traditional bitcoin

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[polynesia]

Isn't there a scam accusation against Nilam Doctor here?
He has made it to the Economic Times!!