Bitcoin to Become Legal in India After 3 Years of Work
The leadership of Zebpay, one of India’s major cryptocurrency exchanges, and Coinsecure, Unocoinexchanges, the work that has been carried out for 3 years has finally returned and the Indian government (BTC) has signaled that it will carry out legal studies on Bitcoin.
Despite the negative attitude of some politicians
strong> The Government of India has decided that work will be started in a short time to regulate the market and provide different opportunities for Bitcoin
The director of ARK Invest, a New York-based investment advisory center Chris Burniske, sent a Tweet In , he mentioned that transaction volumes are rising in India and that India currently accounts for 11% of Bitcoin>Dollar transfers.
Hello #India 🇮🇳 we’ve been expecting you! Very curious to see where this goes for #bitcoin. h/t @BKBrianKelly pic.twitter.com/9uacy5GZH9
— Chris Burniske (@ARKblockchain) June 15, 2017
This legalization movement We have no doubt that we will experience more activity in the Bitcoin market after that, we expect the same movement for Turkey.