India’s Supreme Court Calls on Government to Regulate Bitcoin

The Indian Supreme Court has called on the central government to set to task the process of regulating bitcoin. According to Indian news daily The Hindu, three justices from India’s Supreme Court – the highest court in the country – have issued notices to the Finance, Law and Justice and Information Technology ministries, as well as the central bank (Reserve Bank of India) and market regulator (Securities and Exchange Board of India), demanding they respond to a petition seeking clarity on bitcoin’s legality in the country. As reported yesterday, India’s…

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