Author Archives: Vijayashankar Na

Countering the recent enforcement enquiries on two of the Bitcon traders in Ahmedabad and one in Tumkur/Bangalore, some of the operators in Bitcoin community have tried to organize themselves into an interest group so as to take up their case … Continue reading →

While RBI is trying to formulate regulations for the Bitcoin, it is time to start thinking of the benefits of India formally recognizing the Bitcoin as a currency of exchange. According to coinmarketcap.com, the total market capitalization of Bitcoins today … Continue reading →

One of the arguments of Bitcoin community is that the fiat currencies which carry the backing of a Government are being produced without any consideration to the inflationary aspects. After the de-linking of the Gold standard, the supply of fiat … Continue reading →

One of the doubts that the Bitcoin community in India face is its taxability. They wonder how will the Income Tax department treat Bitcoin transactions for tax purpose. While it is the prerogative of the Income Tax department to interpret … Continue reading →