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Latest News EPAY Payment Processor added.. Dear Customers, Exchange Zones system added EPAY as payment processor.All transaction of EPAY ... IMPS Withdrawal Available..!!Dear Customers, Indian Customer Bank withdraw through IMPS.Using IMPS method had many advantage,... Regard service update..!!Dear Users, We had Incorporated company and avail all service through NVH IT SOLUTIONS PVT LTD.Ou... Advanced Cash (ADV) added..!!Dear Customers, We glad to inform you that the Exchange Zones service now accredited by Advanc... Happy 68th Republic Day and Re Dear Customer, Now Indian users can Top-up his mobile and DTH through his favorite ewallet.All re... Read More... Latest Reserve Attention: Captcha Worker or Data entry work even withdraw minimum 3 USD and For Payza 5 USD Place withdrawal order.Welcome to ExchangeZones E-Wallet service portal.ExchangeZones now involves in E-Wallet Deposit (Buy), Withdrawal (Sell) and Exchange service provider work in India and world-wide.

We are into this business past 8 years and we have gain broad reputation by loyalty, accurate service and authenticity.Now we support Indian banks local transfer to buy sell and exchange various E-Wallet.Instant Payment* on ICICI Bank, State Bank of India,IDBI Bank and Axis Bank which is great advantage for Indian clients.User Deposit, Withdrawal and Exchange Paypal(PP), Webmoney(WMZ), OKPAY, Skrill(MB),Payza Payeer, Bitcoin (BTC) Litecoin (LTC), Advanced Cash (ADV) and SolidTrustPay(STP) .We accept worldwide clients using Western union money transfer facility.Our motto to provide Indian Freelancer, Data entry worker, Captcha worker, Data Conversation worker and varies type freelancing service provider get his payment.If user facing any trouble or suggestion feel free raise mail to us.Indian user Top-Up service avail for Mobile , Data Card and DTH .You can recharge lower as Rs 10 to Rs 4000 pay through your E-Currency We are now offer Quality service to our customer support send at your query admin@exchangezones.co.in Exchange from Fees Exchange to PAYZA USD PAYPAL USD WMZ STP USD OKUSD SKRILL USD PMUSD LITECOIN BITCOIN PAYEER USD ADVCASH USD EPAY USD BANKWIRE 6 % Min Fee Semi Automatic PAYPAL USD WMZ STP USD OKUSD SKRILL USD PMUSD LITECOIN BITCOIN PAYEER USD ADVCASH USD EPAY USD BANKWIRE 10 days ago 34 days ago 40 days ago 46 days ago 53 days ago 60 days ago 64 days ago 70 days ago 70 days ago 73 days ago Read More

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ethereum number of confirmationsLaws about Bitcoin are in a gray area today across the world.
litecoin unicodeI studied documents from the Reserve Bank of India’s public repository surrounding Virtual currencies and prepaid solutions.
ethereum balance 0I happened to study two documents about Prepaid Payment and Foreign Exchange Management Rules, 2000.
impacto do bitcoin na economiaWhy research Prepaid Payment rules?A person may come across the need to purchase them through Fiat Currencies (INR, USD, GBP, etc).

Purchasing any e-currency and loading to an eWallet is regulated by the RBI.Although Bitcoin is in no way related to this, I wanted to see how close I could get to any laws that could present a roadblock.Is Bitcoin Regulated in India?The RBI regulation on Prepaid Payment Instruments in India defines a lot of areas.After understanding the documents of RBI’s guidelines and Rules, this is where I could find the only roadblock based on regulation.3.2 Only banks which have been permitted to provide Mobile Banking Transactions by the Reserve Bank of India shall be permitted to launch mobile based prepaid payment instruments (mobile wallets & mobile accounts).” In order to enter into the market; fiat is needed to purchase Bitcoin.Fiat will fade away as more people adopt Bitcoin.Until that frictionless free flow between consumers and merchants is made possible, this is a problem area for Bitcoins entry into India.It can be overcome through: If we keep fiat out of the system, then Bitcoin is unregulated in India.

I spent some time on the Foreign Exchange Management Act, but it is entirely out of the scope of Bitcoin.As it is a decentralized currency, it can be considered to be a domestic currency since it is being mined in India.This leaves it out of the scope of Foreign Exchange.Even if, IP’s can be tracked when Bitcoin is used for Foreign Exchange, they can be easily anonymized through the Tor Wallet.Since it is a true P2P (Peer to Peer/ Person to Person) currency, it is impossible to regulate in a population using Bitcoin as a token of value to trade.The logistics to monitor a mass population is not feasable.Please do read the Draft Guidelines for issuance and operation of Prepaid Payment Instruments in India and Foreign Exchange Management (Current Account Transactions) Rules, 2000.They will help to understand more about the Banking Regulations in India and help solve some problems.India’s closed currency banking system is rival to none.The banks have maintained a lot of public faith in urban areas and have reached a lot of people in this 1.5B population landscape.