Bitcoin has become the preferred method of buying and selling gold and silver as the world’s economies and currencies come under strain from the financial crisis.
The rise of Bitcoin has been attributed to its high trading volume, and its lack of central bank regulation.
Bitcoin has gained a cult following in the last year, with many people using it to make payments for items like jewellery, designer clothing, and electronics.
However, the rise in value of Bitcoin is also creating headaches for the people who run Bitcoin exchanges.
One of the biggest problems is the fact that exchanges are not registered in India, and many people use the virtual currency to trade with each other.
With a new wave of Bitcoin users coming to the market, the government is planning to implement new regulations to regulate Bitcoin exchanges in India.
The government has recently introduced a new rule that will make it a crime to engage in Bitcoin transactions in the country.
The government is also planning to make it illegal for people to buy or sell Bitcoin on Indian exchanges.
It has set up a new department to regulate the exchange of virtual currencies, called Crypto Regulatory Department.
This will have powers to take down any virtual currency that violates the laws of the country and confiscate any assets that are not legal tender.
The move comes after several Bitcoin exchanges have been shut down.
While it is possible for Bitcoin exchanges to survive under these new rules, there are some that are facing serious challenges.
The chief executive officer of one such exchange, Coinbase, has said that he has been forced to shut down his exchange due to a lack of Bitcoin funding.
In addition, the currency’s trading volume has not been increasing as people have stopped using the currency.
The average amount of bitcoins traded on Bitcoin exchanges across the world has been around $400,000.
The Reserve Bank of India (RBI) on Tuesday announced that it is planning a new regulation to regulate virtual currencies.
The regulator is also expected to introduce a new law that will enable it to take action against people who trade virtual currencies in the national currency.
This move comes amid the ongoing crackdown on virtual currencies and other virtual currencies that are currently circulating.