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Legal Status of Bitcoin in India | SoOLEGAL from cdn.soolegal.com Cryptocurrency was widely popular in india, since it started gaining interest from investors, and one in every 10 bitcoin transaction in the world takes place in india. How to invest in bitcoin in india quora. You cannot purchase or exchange bitcoin for money in any indian bank or foreign bank operating in india but possession of bitcoin is still regarded as legal at least until the govt decides it is not. Bitcoin india main legal ho gaya hai ya nahi. News.bitcoin.com talked to one of the authors of the report to. This means that there are no laws and regulations in place. In india,bitcoin kaise kamaye,cryptocurrency in hindi,cryptocurrency trading in hindi,cryptocurrency trading app in india,best cryptocurrency wallet in india. / cryptocurrency isn't fiat currency backed by the reserve bank of india and its usage in all forms will be banned through the new law that will be introduced in parliament, according to an anonymous senior finance ministry official.
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The question of whether bitcoin is legal or illegal in india is now settled, and things take a po. Yes, buying and selling bitcoins is legal in india but currently there are no rules and regulations that cryptocurrency will treated as commodity or asset. To create a facilitative framework for an official digital currency issued by the rbi; Bitcoin india main legal ho gaya hai ya nahi. As of today, bitcoin is not accepted as a legal tender in india, although there is no such rule wrt to trading of bitcoins.
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Bitcoin india main legal ho gaya hai ya nahi.
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