Indian Bitcoin Community Signs Petition Demanding Legal Status for CryptocurrenciesThe Indian cryptocurrency ecosystem recently woke up to a shocking news on leading media outlets. It was reported that the use of Bitcoin in the country is illegal and could attract penalties under anti-money laundering laws. However, the report was not entirely accurate, and the news platforms were quoting a Member of Parliament seeking the implementation of cryptocurrency regulations by calling Bitcoin a “Ponzi scheme”.
http://www.newsbtc.com/2017/03/31/indian-bitcoin-petition-legal-status/
