India's Supreme court asks RBI to restrain purchase and selling of Bitcoins. by vishal09

india · @vishal09 · Jul 16 '17 (edited)

$2.53

India's Supreme court asks RBI to restrain purchase and selling of Bitcoins.

This article was published  in the yesterday's Deccan chronicle newspaper![IMG_20170716_152334.jpg](https://steemitimages.com/DQmbaPcDXHGk2FPqWDKg6RCHh25kn6g5fhvMq21TeKrFyKP/IMG_20170716_152334.jpg)
Here is the[link](http://www.deccanchronicle.com/nation/current-affairs/160717/apex-court-asks-rbi-to-restrain-sale-and-purchase-of-bitcoins.html) of the article. 

Indian officials have been meeting for months to develop a legal framework for digital currencies and ruling out many possiblities among which banning the Virtual currency is also considered which the above article shows. 
But nothing is certain whether it will be banned or heavily Taxed under Goods and sale service Tax ( [source](http://www.coindesk.com/report-indian-government-considers-tax-bitcoin-purchases/) ) and for trading it may also come under the jurisdiction of the Securities and Exchange Board of India (SEBI), which regulates the country's securities market.
So its like "We Ban or We heavy Tax"

👍 randowhale, randowhalebonus, minnowsupport, ladaural, holoz0r, blueorgy, steemjitu, valentinca, munchmunch, sieses, randowhaletrail, steemlover, ogochukwu, timbalabuch, thinkagain, wolf77, luckyprince, sam99, prasenjit, pavezi, lazariko12, sthitaprajna, banjo, jeffreylikeyou, kanhu, aryan11, zebbad, amimohan, atifparvez, yoloswags, am24it, rzzk, silu, mayur007, felix2010, eraser2, vishalmukadam, vishal09

`post_id`	7,363,105
`author`	vishal09
`permlink`	india-s-supreme-court-asks-rbi-to-restrain-purchase-and-selling-of-bitcoins
`category`	india
`json_metadata`	"{"app": "steemit/0.1", "format": "markdown", "links": ["http://www.deccanchronicle.com/nation/current-affairs/160717/apex-court-asks-rbi-to-restrain-sale-and-purchase-of-bitcoins.html", "http://www.coindesk.com/report-indian-government-considers-tax-bitcoin-purchases/"], "image": ["https://steemitimages.com/DQmbaPcDXHGk2FPqWDKg6RCHh25kn6g5fhvMq21TeKrFyKP/IMG_20170716_152334.jpg"], "tags": ["india", "bitcoin", "news", "ban"]}"
`created`	2017-07-16 15:35:42
`last_update`	2017-07-16 15:37:36
`depth`	0
`children`	4
`net_rshares`	511,547,947,301
`last_payout`	2017-07-23 15:35:42
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	1.996 SBD
`curator_payout_value`	0.538 SBD
`pending_payout_value`	0.000 SBD
`promoted`	0.000 SBD
`body_length`	977
`author_reputation`	2,250,205,709,114
`root_title`	"India's Supreme court asks RBI to restrain purchase and selling of Bitcoins."
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 SBD
`percent_steem_dollars`	10,000
`author_curate_reward`	""

properties (23)vote details (38)

voter	rshares	pct
blueorgy	3,775,683,817	0.03%
munchmunch	1,260,467,006	20%
holoz0r	4,181,605,940	1%
lazariko12	293,863,653	2%
ogochukwu	831,448,987	0.3%
pavezi	334,000,830	50%
banjo	267,414,041	1%
ladaural	4,508,240,305	50%
timbalabuch	620,313,407	10%
wolf77	513,348,885	70%
vishal09	0	0%
randowhale	398,313,326,729	3.5%
minnowsupport	24,616,299,508	1%
jeffreylikeyou	265,765,510	100%
sam99	462,551,968	20%
thinkagain	519,246,111	100%
amimohan	198,520,289	10%
sieses	1,255,331,047	20%
felix2010	61,381,684	10%
steemjitu	1,376,322,273	100%
vishalmukadam	0	100%
eraser2	58,510,672	5%
rzzk	106,438,744	18%
mayur007	82,902,696	10%
zebbad	208,033,572	100%
steemlover	843,391,744	1%
aryan11	208,924,706	50%
valentinca	1,274,470,039	100%
silu	104,461,797	10%
am24it	151,044,906	100%
prasenjit	336,598,582	50%
randowhalebonus	62,267,974,972	2%
kanhu	214,725,502	20%
atifparvez	191,511,699	100%
luckyprince	464,269,977	100%
randowhaletrail	928,626,164	2%
yoloswags	172,369,277	100%
sthitaprajna	278,560,262	100%

@minnowsupport · Jul 21 '17

<p>Congratulations!  This post has been upvoted from the communal account, @minnowsupport, by Vishal09 from the Minnow Support Project.  It's a witness project run by aggroed, ausbitbank, teamsteem, theprophet0, and someguy123.  The goal is to help Steemit grow by supporting Minnows and creating a social network.  Please find us in the <a href="https://discord.gg/HYj4yvw">Peace, Abundance, and Liberty Network (PALnet) Discord Channel</a>.  It's a completely public and open space to all members of the Steemit community who voluntarily choose to be there.</p>

<p>If you like what we're doing please upvote this comment so we can continue to build the community account that's supporting all members.</p>

properties (22)

`post_id`	7,782,189
`author`	minnowsupport
`permlink`	re-vishal09-india-s-supreme-court-asks-rbi-to-restrain-purchase-and-selling-of-bitcoins-20170721t040718648z
`category`	india
`json_metadata`	"{"app": "cosgrove/0.0.1rc3", "tags": ["india"]}"
`created`	2017-07-21 04:07:18
`last_update`	2017-07-21 04:07:18
`depth`	1
`children`	0
`net_rshares`	0
`last_payout`	2017-07-28 04:07:18
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 SBD
`curator_payout_value`	0.000 SBD
`pending_payout_value`	0.000 SBD
`promoted`	0.000 SBD
`body_length`	709
`author_reputation`	104,981,098,086,561
`root_title`	"India's Supreme court asks RBI to restrain purchase and selling of Bitcoins."
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 SBD
`percent_steem_dollars`	10,000

@randowhale · Jul 22 '17

$0.08

This post received a 3.5% upvote from @randowhale thanks to @vishal09!  For more information, [click here](https://steemit.com/steemit/@randowhale/introducing-randowhale-will-you-get-the-100-vote-give-it-a-shot)!

👍 nextgencrypto

`post_id`	7,882,466
`author`	randowhale
`permlink`	re-india-s-supreme-court-asks-rbi-to-restrain-purchase-and-selling-of-bitcoins-20170722t034434
`category`	india
`json_metadata`	"{"format": "markdown", "app": "randowhale/0.1"}"
`created`	2017-07-22 03:44:33
`last_update`	2017-07-22 03:44:33
`depth`	1
`children`	0
`net_rshares`	21,774,441,904
`last_payout`	2017-07-29 03:44:33
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.083 SBD
`curator_payout_value`	0.000 SBD
`pending_payout_value`	0.000 SBD
`promoted`	0.000 SBD
`body_length`	212
`author_reputation`	47,497,053,264,845
`root_title`	"India's Supreme court asks RBI to restrain purchase and selling of Bitcoins."
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 SBD
`percent_steem_dollars`	10,000
`author_curate_reward`	""

properties (23)vote details (1)

voter	weight	wgt%	rshares	pct	time
nextgencrypto	0 B		21,774,441,904	1%

@sthitaprajna · Jul 22 '17

i think as of now neither its legal nor illegal...

properties (22)

`post_id`	7,894,420
`author`	sthitaprajna
`permlink`	re-vishal09-india-s-supreme-court-asks-rbi-to-restrain-purchase-and-selling-of-bitcoins-20170722t071634244z
`category`	india
`json_metadata`	"{"app": "steemit/0.1", "tags": ["india"]}"
`created`	2017-07-22 07:16:36
`last_update`	2017-07-22 07:16:36
`depth`	1
`children`	1
`net_rshares`	0
`last_payout`	2017-07-29 07:16:36
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 SBD
`curator_payout_value`	0.000 SBD
`pending_payout_value`	0.000 SBD
`promoted`	0.000 SBD
`body_length`	50
`author_reputation`	14,454,397,707,459
`root_title`	"India's Supreme court asks RBI to restrain purchase and selling of Bitcoins."
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 SBD
`percent_steem_dollars`	10,000

@vishal09 · Jul 22 '17

Yes the status is still unclear :/ but some bitcoin app like Zebpay applying GST for it

properties (22)

`post_id`	7,898,941
`author`	vishal09
`permlink`	re-sthitaprajna-re-vishal09-india-s-supreme-court-asks-rbi-to-restrain-purchase-and-selling-of-bitcoins-20170722t082738826z
`category`	india
`json_metadata`	"{"app": "steemit/0.1", "tags": ["india"]}"
`created`	2017-07-22 08:27:45
`last_update`	2017-07-22 08:27:45
`depth`	2
`children`	0
`net_rshares`	0
`last_payout`	2017-07-29 08:27:45
`cashout_time`	1969-12-31 23:59:59
`total_payout_value`	0.000 SBD
`curator_payout_value`	0.000 SBD
`pending_payout_value`	0.000 SBD
`promoted`	0.000 SBD
`body_length`	87
`author_reputation`	2,250,205,709,114
`root_title`	"India's Supreme court asks RBI to restrain purchase and selling of Bitcoins."
`beneficiaries`	`[]`
`max_accepted_payout`	1,000,000.000 SBD
`percent_steem_dollars`	10,000