Obviously regulat. Ab tak humari traditional currency se itna curruption hua he.....Digital currency kafi hadd tak usse rok skti he future me.

Given the present industry maturity, the regulator should explicitly take a view on their legality, permitting their use for legally permissibly and verifiable transactions, without outright regulation. Instead, an Self Regulatory Organization (SRO) - similar to the Payments Council of India for Payments Industry - would work best as a sunset move, ensuring risk management, consumer protection and industry growth, along with regulatory learning for regulation/alternate approach at a later point

we need to observe its use first because according to a research illegal transactions are happening through bitcoin . if we legalize BTC then all our system will get infected with blackmoney again.
builders will use BTC and can transfer money in any where in india without paying anykind of tax.

all our efforts of demonetization will get wasted.
so its not the real time to legalize BTC , we can wait for some time and observe its usage.

Namaste SirBitcoin kisi bhi saksiyat ke liye ek bahut jyada kamaayi kuchh mahine main karne ka jeriya ban chuka hai.I sliye ise generate kerne main isko rokna nahin chahiye. Iski use kisi bhi transaction ke liye ban kerna chahiye.ise generate ker humaare desh ki currency main conversion kerne main humain balki madad karni chaahiye.Haan aage chalker ismain aap Taxation bhi impliment ker sakte hain is currency ko Jama kerne walon per jaise ki aap unki kuchh limitaionho

Isko band nhi krna chaiye a currency india ka future h

BITCOIN should be leagal in India

Dilip Jindal
I support use of virtual currency Bitcoin.It is related with internet.like Japan in India also it should be legalised.

Without Bitcoin Digital India mission is impossible.....America, Japan, and many other countries allow bitcoin so why not India

Given the present industry maturity, the regulator should explicitly take a view on their legality, permitting their use for legally permissibly and verifiable transactions, without outright regulation. Instead, an Self Regulatory Organization (SRO) - similar to the Payments Council of India for Payments Industry - would work best as a sunset move, which would provide the regulatory learning, and the opportunity for industry growth to consider full regulation or an alternate approach later.

The base technology used in crypto currencies itself acts like a ledger which stores value for transfer and the notional tokens within the system. Hence it becomes a complex system to control. In order to control such a system initially smaller controls on business which enable crptocurrencies is right option but in long run to counter crypto currencies a complex system of it's equivalence is required to regulate it out.