Daily Archives: December 29, 2013

According to wikipedia, the total black money of Indians in the Swiss Banks is around US $ 1.2 Trillion. Seen in this context, the Enforcement Directorate accusing the Bitcoin system as a tool of hawala appears a joke. At present … Continue reading →

The Enforcement Directorate officials who have raided on two Bitcoin traders in Ahmedabad have tried to justify their action by stating that “Bitcoin may be used by hawala traders”.  A senior official of the ED is reported to have stated … Continue reading →