Bitcoin ‘Will Not Become Legal’ In India Without ‘Monitoring,’ Says Chief Economist

in #cryptoncurrency8 years ago

In India, bitcoins will not be "legal" unless a relevant organization is "monitored", a high profile economist has predicted.

Talking to the local newspaper Outlet Economic Times, PHAD Chamber of Commerce and Industry, Delhi's chief economist, said that condition of bitcoin is unlikely to change the status of the gray area in case of regulators.

READ REST OF THE POST FROM SOURCE https://cointelegraph.com/news/bitcoin-will-not-become-legal-in-india-without-monitoring-says-chief-economist

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