By R Gandhi Cryptocurrencies, or virtual currencies, have caught the fancy of over one-and-a-half crore Indians as per claims of cryptocurrency exchanges. The trading volume in these exchanges has been growing smartly. This is despite the regulatory uncertainty, looming legislative ban and reluctance of banks to provide banking services surrounding cryptocurrencies in India. Even during […]
Replying to a question in the Upper House, Thakur said regulatory bodies like RBI and Sebi do not have any legal framework to directly regulate crypto currencies