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RE: Will India Recognise, Tax and Regulate Bitcoin?
it seems to be that bitcoin will have a legal value in India,but nothing has been officially done yet. But i can surely tell you that if it becomes official in their law, the bitcoin price will simply explode !
PS : sorry for bad english, im trying to improve it hue hue
"But i can surely tell you that if it becomes official in their law, the bitcoin price will simply explode !"
Yes, it'll be a massive stamp of approval for bitcoin/crypto if a government recognises it as legal tender. As far as I'm aware, if India does sanction it, it'll be the first to do so.