RBI:
The Reserve Bank of India has repeatedly cautioned users, holders and traders of virtual currencies, including Bitcoins, regarding various risks associated in dealing with such virtual currencies. The Reserve Bank of India has decided that entities regulated by the Reserve Bank shall not deal in VCs or provide services for facilitating any person or entity in dealing with or settling VCs. Such services include maintaining accounts, registering, trading, settling, clearing, giving loans against virtual tokens, accepting them as collateral, opening accounts of exchanges dealing with them and transfer / receipt of money in accounts relating to purchase/ sale of VCs, with immediate effect.
MCA:
The Ministry of Corporate Affairs has constituted the Steering Committee on Corporate Social Responsibility (CSR) under the Chairmanship of Shri. Manmohan Juneja, Regional Director (Western Region) to review the functioning of CSR enforcement & to recommend a uniform approach for its enforcement.
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