The law commission of India, which has been studying the feasibility of sports gambling, has clubbed virtual currency with other legally accepted modes of payments.
These methods used for settling online transactions can also be used for betting on sports if and when made legal. Lets see the court decision in September.
You are right mate, crypto currency has wide range of use cases, i wonder why most antagonistics always thing negative when crypto currency especially bitcoin is mentioned, lets see what the final decision of the court brings in september, i hope it will be favourable.
