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Legal service India => Cyber laws => Topic started by: Arnav95 on March 20, 2016, 09:07:18 PM

Title: Online investment website that only trade in dollar and bitcoin.
Post by: Arnav95 on March 20, 2016, 09:07:18 PM
I am launching an online investment website where I provide my investors with 3% ROI weekly. Now, I am an Indian resident and all the transactions will be done through e-wallets such as perfect money, bitcoin, payeer the base currency will be dollar and would never be converted to INR. I want to know what are the Indian laws for such website? is it legal to have such a website?
Please reply ASAP
Title: Re: Online investment website that only trade in dollar and bitcoin.
Post by: rajgopal sripathi on March 20, 2016, 09:55:55 PM
Hi
legally you can operate your website from india.
however you can position your server outside of india (amazon cloud/ google cloud/ VPN Cloud) and then provide these services.