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Bitcoin in India: 'The Best Form of Money the Human Race Has Ever Experienced' - Bitcoin News

Bitcoin in India: 'The Best Form of Money the Human Race Has Ever Experienced' - Bitcoin News | money money money | Scoop.it

India has been in the headlines lately concerning the cryptocurrency Bitcoin and blockchain technology.

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Indian Central Bank: Blockchain will Transform the Finance Sector - Bitcoins Channel

Indian Central Bank: Blockchain will Transform the Finance Sector - Bitcoins Channel | money money money | Scoop.it

The Reserve Bank of India, one of the few central banks worldwide that has been skeptical towards the Bitcoin blockchain technology has recently shown interest in the distributed ledger technology and peer to peer financial systems, due to their...

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Reserve Bank of India Publicly Endorses Blockchain Technology - Bitcoinist.net

Reserve Bank of India Publicly Endorses Blockchain Technology - Bitcoinist.net | money money money | Scoop.it

To people active in the Bitcoin world, certain things started making sense quite some time ago, while the rest of the world is still catching up. Blockchai

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Legal Limits in India Affect Bitcoin & Blockchain

The same situation applies to India where Bitcoin and Blockchain face a miryad of problems in the country. CoinTelegraph turned to Vishal Gupta to find out what are the main problems with Bitcoin a…
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How virtual currency Bitcoin is gaining ground in India - Economic Times

How virtual currency Bitcoin is gaining ground in India - Economic Times | money money money | Scoop.it
The digital currency came into existence in 2009, having been created by a developer (or developers) going by the name of Satoshi Nakamoto.
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Bitcoin Platform Harborly Sees Tremendous Potential in India - newsBTC

Bitcoin Platform Harborly Sees Tremendous Potential in India - newsBTC | money money money | Scoop.it
Bitcoin platform Harborly hires a Bangalore team to step into the Indian market; Harborly plans to offer its Bitcoin-based services in the coming months
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Bitcoin in India 'On the Rise' says Sunny Ray, Unocoin Co-founder - CoinTelegraph

Bitcoin in India 'On the Rise' says Sunny Ray, Unocoin Co-founder - CoinTelegraph | money money money | Scoop.it
Bitcoin and the Indian market being a rare combination, especially after early central bank dis-approval makes Sunny Ray and Sathvik Vishwanath, the co-founders of Unocoin, amongst the few in the league of Bitcoin entrepreneurs in India.
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Opinion: For Black Money, Look in India, Not Switzerland - NDTV

Opinion: For Black Money, Look in India, Not Switzerland - NDTV | money money money | Scoop.it


The empirical origin of the $500 billion figure is yet unknown.

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Tech-savvy Hyderabad youngsters take to bitcoins for investment - Times of India

Tech-savvy Hyderabad youngsters take to bitcoins for investment - Times of India | money money money | Scoop.it

HYDERABAD: The bitcoin bug seems to have bitten the city's tech-savvy youths, who are now taking to it as an investment tool. This despite the risks involved and the Reserve Bank of India cautioning users against the digital currency that has taken the online world by storm.

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India Raises Concerns On Bitcoin’s Credibility, But Doesn’t Call It Illegal Yet | TechCrunch

India Raises Concerns On Bitcoin’s Credibility, But Doesn’t Call It Illegal Yet | TechCrunch | money money money | Scoop.it

Bitcoin traders are having a roller coaster ride everywhere, and India is no exception. After initial momentum that saw several Bitcoin exchanges emerge in India, the Reserve Bank of India issued a warning that sent many traders into a tizzy last year.

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Bitcoin fans seek legal aid for regulatory clarity - Economic Times

Bitcoin fans seek legal aid for regulatory clarity - Economic Times | money money money | Scoop.it

BANGALORE: The Bitcoin community in India is courting legal help to clear the air over virtual currencies in India after the Reserve Bank of India warned of the financial, operational and security-related risks enthusiasts were exposing themselves to. Many bitcoin businesses across India have shut shop fearing arrests and raids by tax officials. 


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Bitcoin Entrepreneurs persist despite warnings issued by RBI - Daily News & Analysis

Bitcoin Entrepreneurs persist despite warnings issued by RBI - Daily News & Analysis | money money money | Scoop.it

The Reserve Bank of India's caution to investors, to be wary of using virtual currency because of the supposed security, financial and legal risks has cast aspersions on the popularity of Bitcoins. Ever since then Bitcoin entrepreneurs and enthusiasts have been working hard to build better frameworks for this technology to exist.

 
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What a Bitcoin is really worth in India and China - MarketWatch

What a Bitcoin is really worth in India and China - MarketWatch | money money money | Scoop.it


The Bitcoin saga took an unpleasant turn this December when China's central bank banned financial institutions from dealing in the virtual currency.

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Bitcoin gang gets 67 new e-curriences; value grows to $13 bn - The Hindu

Bitcoin gang gets 67 new e-curriences; value grows to $13 bn - The Hindu | money money money | Scoop.it

The total value of these 67 digital currencies in circulation over internet has reached nearly $ 13 billion (over Rs. 80,000 crore), out of which bitcoin alone accounts for over $ nine billion, according to market estimates.

 
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Reserve Bank of India cautions users on risks associated with virtual currencies like Bitcoin

Reserve Bank of India cautions users on risks associated with virtual currencies like Bitcoin | money money money | Scoop.it
Reserve Bank of India (RBI) has cautioned users of virtual currencies like Bitcoin, Litecoin, and Dogecoin on the risks associated with them and that it is looking at the use and trading of these currencies.
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From eatery to meetup, entrepreneurs increasingly accepting 'bitcoins' in India - Economic Times

From eatery to meetup, entrepreneurs increasingly accepting 'bitcoins' in India - Economic Times | money money money | Scoop.it

BANGALORE: Tarun Thadani, the proprietor of a vintage-themed pizza outlet in the posh Worli area of Mumbai, thinks he is making history. On Saturday, his restaurant Kolonial announced that its patrons can pay in bitcoins instead of rupees, thus laying claim to the title of being India's first eatery to accept the new-age currency. "Right now, people are a bit sceptical about bitcoins, but it's going to become big. I am testing the waters," said Thadani, 30, who is a bitcoin owner and a host to several bitcoin meetups at Kolonial.

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Trade in Bitcoins gains currency among youth in Mumbai - Times of India

Trade in Bitcoins gains currency among youth in Mumbai - Times of India | money money money | Scoop.it


"Mining of Bitcoins continues to be predominant in tech cities like Bangalore or Hyderabad, but Mumbai is fast catching up," says a city-based Bitcoin trader.

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India Could Be The Next Booming Market For Bitcoin - Forbes

India Could Be The Next Booming Market For Bitcoin - Forbes | money money money | Scoop.it


A couple of little things that lead me to think that it could be India that is the next next country to have a boom in the use of bitcoin.

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Curated by jean lievens
Economist, specialized in political economy and peer-to-peer dynamics; core member of the P2P Foundation