Advocate Files for Immediate Regulation of Bitcoin in India
Advocate Bivas Chatterjee filed a public interest litigation (PIL) on Friday in the Calcutta court to immediately regulate the flow of Bitcoin in and out of India, according to local news sources.
In his petition, Chatterjee suggested that cryptocurrencies are predominantly used for nefarious purposes and should be regulated or banned, as in China, as quickly as possible. He said:
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