India’s Supreme Court Seeks Answers as Bitcoin Legalization Focus Turns to Taxation

India's Supreme Court Seeks Answers as Bitcoin Legalization Focus Turns to Taxation

While Indian government officials discuss ways to legalize bitcoin for tax purposes, the Supreme Court has given lawmakers four weeks to examine all security issues relating to digital currencies. Bitcoin.com recently reported on the government setting up a task force to evaluate whether to regulate and legalize bitcoin, which is expected to take 6 months.

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