The institutional antipathy towards cryptocurrencies is no secret in India. Multiple warnings have been issued against their use, many officials have declared that they are illegal. The fact of the matter is cryptos, like bitcoin, are neither banned, nor regulated in the country.
Iran Steps Up Plan for National Crypto After US Sanctions - Bitcoin News
Right after Washington’s move to impose sanctions that will restrict Iran’s access to US currency, reports came out that Tehran is speeding up the project to develop a national cryptocurrency.
Toronto May Soon Drive Virtual Currency Laws Across Canada
The acceptance of Councillor Kelly's proposal on January 31, 2018 may serve as a catalyst for rapid legal development in the virtual currency space, with Toronto having initiated the process. Chetan Phull · Jan 16, 2018
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