MT-GOX, once regarded as the World’s biggest Bitcoin exchange, suddenly stopped trading last Tuesday. The spokesperson for MT-GOX affirmed the news, indicating that the business was at a “turning point”, which parked concern about the upcoming future of the virtual currency.
Unocoin new Bitcoin Exchange in India has been launched in Bangalore on 15th December. It is currently running on a ‘trial basis’ and new verified users are limited to buying/selling 10 BTC per day.
Bitcoin has been doing rounds in the internet communities and among the net-geeks for some time now.But the most important factor that is virtually less discussed is its legality. Legality of Bitcoin in India is yet to come up under the mainstream radars of the top governing bodies like RBI . But in the coming days you can expect it to happen soon.