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Bangalore-based Belfrics is a Bitcoin exchange startup that launched in India with Praveen.Mumbai: US-based Buttercoin, a free Bitcoin exchange backed by investors such as Google Ventures, says it is in talks with Indian banks to launch an exchange in India.The income tax department has conducted surveys across nine bitcoin exchanges across the. department officials from Bangalore visited exchanges in Delhi.
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Malaysia based Belfrics, a provider of Bitcoin technology has launched its India-based Bitcoin exchange which would enable people to sell or buy Bitcoins using Indian.