Bitbns as an entity is registered in Estonia.

Users can stay calm and keep investing, hodling or trading. You can transfer your assets from exchanges like koinex or zebpay and have peace of mind restored.

Here's what's most likely expected. The bill won't get tabled in the monsoon session as there are only 3 days remaining and there are few bills already pending. Even if the monsoon session gets extended there's a fairly low probability that it can happen within another 2 weeks. So the next possibility of the bill getting tabled is in winter session which starts in Dec. So nothing can happen for the next 4 months.

The court case is wrt RBI's ring fencing approach of banks not providing services to crypto exchanges. It would be heard today. But it does not matter. P2P works right now and users can deposit and withdraw fiat. Even if the date gets extended it's not going to be impact anything.

It's a welcome change to observe there was hardly any panic and crypto prices didnt get impacted much. So appreciate the fact that the people who are in crypto now are some of the smartest and true believers.

In any case the trading can't stop and it won't stop irrespective of whatever happens. There are always innovations that can be worked out the same way it was done earlier by bitbns after RBI circular :)

Some of the things that are being worked on. All exchanges and different crypto related companies, influencers, media folks are working together to showcase positive aspects of crypto. Request all users to share their positive stories this would help us make the case stronger. Share how trading or crypto has had an impact on your life. How it's your bread and butter or how it provided employment to you.
#IndiaWantsCrypto

The draft has absolutely low probability of getting enacted in the current form. It recommends a jail term for even holding crypto that's worse than rape 😂 So it is not going to get enacted in the current shape and form. Also there would be a long discussion from dec and it can be challenged in court of law before anyting of this sort can happen. But for that to happen we need to ensure we keep sharing positive things that crypto brings in and educate people around us about it. Right now the way they look at it is negative. When they think crypto they think
scam, money laundering, fugazi etc We need to showcase them the positives

Such attempts of roadblocks have also happened with technologies like internet, encryption, electricity etc. It's not a new phenomenon. But if we don't act it can get worse. So share stories. Let them know the positives. Read the draft. Comment where you feel you have a valid point and the draft mentions something arbitrary.

Nothing can stop an idea whose time has come.

Inquilab Zindabad !!

Hey there,

Bitbns is seeking a collective opinion from the cryptocurrency community across the globe, especially from the Indian crypto community.

We want you to know that your opinion matters, as we will voice your opinion, and of thousand others, to help IAMAI (Internet and Mobile Association of India) defend its case filed in the Supreme Court of India to save the future of cryptocurrencies in India.

We request you all to step forward, fill this form (https://bitcoinindia.typeform.com/to/PybXxc) and spread it among all the cryptocurrency enthusiasts in your community. Rest assured, your opinion will not be used for promotional, marketing, or any kind of monetary purpose.

Let us all come together for a cause, because together, we can.

#IndiaWantsCrypto

Regards
Team Bitbns


👇🏻

Here we are celebrating the 150th Birth Anniversary of a legend who freed us from the chains of slavery.
But are we free or are we slaves to a flawed financial system in which we don't have a say?

Let's build the nation Bapu dreamt for us. 🇮🇳♥️

#IndiaWantsCrypto #TheFutureOfFinanceIsHere #Blockchain