While RBI still struggles to decide whether it has to fight, ignore or support Bitcoins, world wide Bitcoin continues to make progress.
One of the recent developments that looks interesting is the launch of the “Coincard” as a prepaid card which can be loaded with bitcoins. This card which was intended to exploit the last FIFA crowd in Brazil combined the need to create a mobile Bitcoin store with an exchange.
COINCARD was launched by Bitinvest, a Bitcoin exchange and available for delivery internationally and can be used wherever use of Bitcoins is permissible under the regulations.
Bitcoin users in India are however warned that in India it may be risky to use Bitcoins unless the Bitcoins are mined in India.