India on Cryptocurrency

As cryptocurrency is gaining popularity all over the world including India in a good and bad way it is crucial to understand the validity. Specially in India the government has taken different position from time to time on virtual currencies. Till today there is no solid and exclusive regulation to monitor all the transactions of cryptocurrencies, putting the population of India into a dilemma. Should people deal in digital currencies and what is potential in terms of investment safety is still a question. The below article is a short analysis of whether the cryptocurrency should be legalised and what stand India and its courts has taken till now.