Bitcoin is seven years old now, and although the cryptocurrency has gained broader acceptance and grew a large userbase, the laws and regulations around it are still a grey area. However, when compared to its initial years, there has also been a softening of stance towards the cryptocurrency from governments. Authorities are beginning to tolerate it more as they continue to track it vigilantly. Rather, they are looking for the best regulations for it, rather than trying to shun it. The scare is over. One such example of changing perceptions can be found in India.
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http://www.nasdaq.com/article/bitcoin-indias-evolving-stance-on-the-cryptocurrency-cm564389#ixzz3x32AXAng
