FAQs on Bitcoins - What are Bitcoins & How do they work?


Presentation Description

Bitocoins: Here're the answers on your queries related to Bitcoins like what are bitcoins, how bitcoins work, etc. Bitcoin has become a controversial and powerful form of currency. Taxmann.com explains Bitcoins, mining, and how the cryptocurrency works.


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Whether a Bitcoin would be classified as currency or not would be a matter of dispute and arguments until RBI clears its stand on it. If RBI declares that Bitcoin is a currency any trading in it would be subject to FEMA Regulations Ques 4: Whether Bitcoin is a currency Contd.

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