Just recently Bitcoin.com reported that the Indian government was soon planning to regulate bitcoin and the use of virtual currencies within the country. Now according to local reports, India’s Finance Minister Arun Jaitley held a private inter-ministerial meeting to discuss risks and concerns related to bitcoin regulation.After Hearing Public Opinion Indian Bureaucrats Meet Privately to Discuss Bitcoin Regulation Risks and Benefits
Many bitcoin proponents are focused on India as they believe the country will be the next in line to recognize and regulate the decentralized currency much like Japan. There have been several meetings and discussions with lawmakers like Parliament member Kirit Somaiya, Finance Minister Arun Jaitley, and many other figureheads.
Kirit Somaiya has made some negative comments about bitcoin over Twitter in the past, but has recently listened to citizen feedback about regulating the cryptocurrency. This past March, Indian citizens were recently allowed to comment and send feedback on government bitcoin regulation to various politicians.
“I have taken up the issue of bitcoin at various levels, you may send your suggestions to me please,” explains Parliament member Kirit Somaiya this past spring via Twitter.
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https://news.bitcoin.com/indias-finance-minister-private-meeting-bitcoin-regulation/
