The statement in the above article that India is looking to outright ban bitcoins is absolutely wrong and without facts. I am co-founder of Zebpay, a bitcoin wallet app which operates out of India. I am also involved with India's bitcoin community.

Bitcoin companies are successfully running in India and we are proactively representing the bitcoin industry to the government and making positive steps in that direction.

I request the author to recheck his facts and please contact me for any clarification.

Sandeep Goenka
co-founder, Zebpay