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Breaking News

IT department conducts surveys at bitcoin exchanges

Wednesday - December 13, 2017 7:44 pm , Category : BUSINESS

New Delhi Dec 13 (IANS) The Income Tax (IT) department on Wednesday conducted "surveys" at nine bitcoin exchanges around the country to gather information about the investors and traders of the crypto-currency.



"The department has carried out surveys at nine bitcoin exchanges located in various cities including Delhi Mumbai Pune Bengaluru Hyderabad Ghaziabad and Gurugram " a senior IT department official told IANS here.

"These surveys were conducted to ascertain the identities of the users of bitcoins and to gather information pertaining to banking details and other financial means through which the crypto-currency was traded and invested in by the users."

--IANS
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