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A prominent Indian economist believes that bitcoin needs to be regulated in India before it will become a legal currency. In a Q&A interview with the Economic Times, Dr S.P. Sharma, chief economist at the PHP Chamber of Commerce and Industry, was questioned on whether he thought bitcoin would be...
The Indian government is reportedly considering its own digital currency, similar to bitcoin. The central government of India has discussed the proposal with a committee of government officials, according to an unnamed source, reports the Business Standard. As India’s central bank believes that digital currencies are ‘susceptible to misuse’ the government...
India’s central bank has said to a parliamentary committee that digital currencies are ‘susceptible to misuse or abuse.’ In March, India’s finance ministry set up an interdisciplinary committee tasked with looking into cryptocurrencies such as bitcoin after they had become ‘a cause for concern.’ Tasks included determining the status of...
Blockchain technology will be one of the main topics that will be discussed during the Fintech Storm India Summit 2016, a two-day event occurring later this week in Mumbai. The summit will host a dedicated half-day workshop with confirmed participation of the National Payments Corporation of India (NPCI) and...
Jim Rickards, the New York Times bestselling author of Currency Wars, The End of Money, and The New Case for Gold, was recently interviewed on a reinvent.money hangout. Rickards discussed bitcoin, gold, and the world economy, and he also shared his views on why central banks may be dismissive...