India could make Bitcoin a legal asset class It looks like th | Best Crypto Traders Official

India could make Bitcoin a legal asset class

It looks like the Asian government has moved away from its previously hostile stance towards virtual currencies, and is likely to soon classify Bitcoin as an asset class.

Thus, representatives of the Indian cryptoindustry are already in talks with the Ministry of Finance on the development of a new set of rules, and a group of experts is studying this issue in detail.

The new bill is likely to be introduced during the rainy season session (June to September).