Press Trust of India | New Delhi July 27, 2014
In a fresh possible headache for regulators, including in India, 'gold for bitcoin' trades are emerging as a new fad in the world of anonymous transactions, fuelling further the appetite for virtual currencies.
This comes at a time when the count of virtual currencies available in the market is fast moving closer to the 500-mark, although the price of top-ranked bitcoin has begun showing signs of stability at around USD 500-600 level after remaining highly volatile for most part of its half a decade existence.
Read more: http://www.business-standard.com/article/pti-stories/gold-for-bitcoin-new-fad-as-e-currency-count-nears-500-mark-114072700129_1.html
In a fresh possible headache for regulators, including in India, 'gold for bitcoin' trades are emerging as a new fad in the world of anonymous transactions, fuelling further the appetite for virtual currencies.
This comes at a time when the count of virtual currencies available in the market is fast moving closer to the 500-mark, although the price of top-ranked bitcoin has begun showing signs of stability at around USD 500-600 level after remaining highly volatile for most part of its half a decade existence.
Read more: http://www.business-standard.com/article/pti-stories/gold-for-bitcoin-new-fad-as-e-currency-count-nears-500-mark-114072700129_1.html
