PIL filed with Calcutta HC regarding Bitcoin

Bivas Chatterjee, an advocate filed a Public Interest Litigation (PIL) with Calcutta High Court in quest of an intervention for regulation of bitcoin in India. He quoted that “Bitcoin is India’s currency of choice for drug trafficking, arms and prostitution business, while Chinese government has already banned it and Russian courts have pronounced their transfer as illegal and our government is still thinking”. The Court is to hear the plea on 2nd February, 2018.

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