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.

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“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.”