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Author Topic: [2017-02-08] Bitcoin Startups Form Association After India’s Virtual Currency...  (Read 106 times)
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February 09, 2017, 06:43:07 AM

News Bitcoin - Bitcoin Startups Form Association After India’s Virtual Currency Warning

Zebpay, Unocoin, Coinsecure and Searchtrade are in the process of registering their newly formed ‘Blockchain and Virtual currency Association of India’. The three local bitcoin exchanges and the Singapore-based Bitcoin search revenue-share company met for the first time in Mumbai on Friday. Among topics they discussed was the recent RBI’s warning regarding digital currencies.

The Association was formed “just last Friday but it has yet to get formally registered”, Sathvik Vishwanath, Unocoin co-founder and CEO, told

The new association hopes to achieve “uniformity in self-regulation and lobbying with the regulators regarding Bitcoin and blockchain technology”, he explained, adding that initially the Association will be “only for businesses and then we may open up for individuals as well”

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