BUSINESS

Virtual war

Asia focus, Narendra Kaushik, Published on 26/03/2018

» The battle lines have been drawn. On one side are the massed forces of the Indian government, represented by the Reserve Bank of India (RBI), tax authorities and other state agencies, along with public and private-sector banks. On the other side are the proponents of an ever-expanding number of decentralised, stateless virtual currencies.