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Bitcoin mania: Amid haze around crypto, know all about regulations in India

A three-part special series sheds some light on cryptocurrency trade, how crypto players are coping with uncertainties in India, Bitcoin mining, the recent crackdown on cryptocurrency exchanges

bitcoin, cryptocurrency
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Somesh JhaDilasha Seth New Delhi
Popular cryptocurrency Bitcoin on Tuesday again beached the $11,000 level, rising more than 10 per cent from a low of $9,972.29, according to CoinDesk's Bitcoin price index. Despite volatility, the highs reached by the crypto in recent times is a clear gauge of how investors worldwide have taken fancy to Bitcoin and the possibility of returns it promises.
 
However, so far as India is concerned, investing in cryptocurrencies still falls in the grey area in the absence of clear regulations and guidelines.
 
A three-part Business Standard special series sheds some light on cryptocurrency trade, how crypto players are