India?s Bureaucracy is Sending Local Bitcoin Industry into a Sh**hole
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Summary
No underlying real value.Cryptocurrencies like bitcoins are neither currency nor coin. They want a clear and evident framework, so no more Zebpays have to leave the country, and no more Harish BVs face arrests for installing a harmless bitcoin kiosk.But even the legal proceedings are facing delays of its own.March 29, 2019, marked the fifth time the Supreme Court adjourned the crypto vs. Here is a government body that couldn’t even respect its judiciary’s order to serve a crypto draft by March 29.Update in #CryptoVsRBI!Supreme Court has adjourned the #CryptoVsRBI matter on the request of Government's Counsel.
As said here by Yashu Gola