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Author Topic: India news on regulation  (Read 784 times)
jballs
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December 02, 2013, 11:23:05 AM
 #1


thought you all would want to keep up on things...

http://economictimes.indiatimes.com/news/economy/finance/bitcoin-becoming-a-bit-too-big-regulators-scramble-for-norms/articleshow/26686694.cms

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December 03, 2013, 11:13:45 AM
 #2

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While regulators are tight-lipped about their plan of action, a senior official said that one possible way forward can be following the US, where authorities have decided to subject bitcoins to money laundering rules applicable to all other financial transactions in the country.

They don't know what to do. They are looking towards the US, to see what the Americans are doing to regulate it. 


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jballs
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December 03, 2013, 12:12:47 PM
 #3

Quote
While regulators are tight-lipped about their plan of action, a senior official said that one possible way forward can be following the US, where authorities have decided to subject bitcoins to money laundering rules applicable to all other financial transactions in the country.

They don't know what to do. They are looking towards the US, to see what the Americans are doing to regulate it. 

Because America's financial regulators are amazeballs.

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December 03, 2013, 05:24:29 PM
 #4

They will find a method to fuck it up really good so nobody knows what to do.

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