“India’s government said it doesn’t consider cryptocurrencies as legal tender and will take all measures to eliminate payments using them. The South Asian nation’s income tax officials had started investigations into transactions at various illegal bitcoin exchanges in December, soon after the country’s central bank cautioned users about potential risks. The federal government had also set up a panel to decide on India’s stand on virtual currencies, people with knowledge of the matter said on Dec. 12.”
Related posts:
Romney praises Israel’s health care system with individual mandate
Chinese yuan dominates global bitcoin trade
U.S. widens surveillance to include individuals with no foreign connection
Homeland Security opens TSA 'Precheck' to all travelers
For NSA chief, terrorist threat drives passion to ‘collect it all,’ observers say
Pelosi: Congressional pay cut undermines dignity of the job
Indian Jeweler Becomes Billionaire as Gold Price Surges
Army sexual assault prevention officer arrested for stalking ex-wife
The History of Hyperinflation
Gun Makers Now Refusing To Sell Arms To Law Enforcement In New York & Other States
UN human rights chief slams failure to shut Guantanamo
Elmore City Police Chief Says He Was Fired Over 'Ticket Quota'
China hits back with report on U.S. human rights record
U.S. 'conferring with allies on potential punitive strikes'
Germans Hide Cash in Diapers as Swiss Secrecy Crumbles