Thursday 9 February 2017

New Indian virtual currency co-operative a reality

Several Indian Vault coin start-ups have shaped the Blockchain and Virtual Currency Association of India as they look to quell investors’ virtual currency fears changing into a reality.

Coinsecure, Searchtrade, Unocoin and Zebpay have banded together in response to the Reserve Bank of India’s (RBI) recent circular warning folks that it's not authorised dealings in or use of virtual currencies, and cautioned about investment in them.

The new association has just control its 1st meeting in urban center, and Saurabh Agarwal, co-founder of Zebpay, says it had been “planning to create associate degree association for a few time” and “we finally pushed things once the circular”.

Agarwal adds: “We had thought of reviving the recent association, Vault coin Alliance of India however we tend to additionally determined to add blockchain firms and build a bigger association.”




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