Bitcoin surge poses a challenge to India

Shilpi Sinha | Economic Times

MUMBAI: The control freak Indian regime is confounded. If it were trading in strange bird emu, or export of cotton or onion, the government could answer any uncomfortable situation with a ban.

But here's one that neither the Reserve Bank of India nor the government can do much about - bitcoin. The digital currency is throwing a challenge to the Indian regulators even as those in the US keep off it.
Read more