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Indian Trade Survey – 97% Aware of Bitcoin, but Use of the Cryptocurrency Remains Low

July J, 2017

Indian Trade Survey – 97% Aware of Bitcoin, but Use of the Cryptocurrency Remains Low A study by India’s market and trade body has found that while 97 percent of participants are aware of bitcoin, its use within their services remains low. PHD Chamber of Commerce and Industry, which plays a role in India’s industrial development processes, hosted a meeting ‘Roundtable on Industry Perspective on Bitcoins: A New World of Payments and Deals,’ on Wednesday, according to News 18. According…

India sets up high level committee to study cryptocurrency

India sets up high level committee to study Cryptocurrency The Indian government will setup a high level inter-disciplinary committee to take a close look at the circulation of crypto currencies in the country. “The circulation of Virtual Currencies which are also known as Digital/Crypto Currencies has been a cause of concern,” said a finance ministry press release on Wednesday. The ministry said that the committee will take stock of the present status of Virtual Currencies both in India and globally,…