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Cryptocurrency is not legal tender in india. Yes, it is legal in india to buy or sell cryptos on wazirx. When you ask about the 'best' platform for buying and trading cryptocurrency in india, we all have our views. Cryptocurrency ban in india quora : Ila sheel ( is a practicing lawyer at the supreme court of india, and she simplifies the status of cryptocurrency in india.
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As the cryptocurrency is decentralized so a single entity can't close or ban it.
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Indian platforms campaign to deter centre s expected ban on cryptocurrencies : Cryptocurrency trading in india quora : It would be recalled that the reserve bank of india earlier imposed a. The crypto ban law in india will be one of the strictest laws in the world if approved. In india the central bank which is rbi (the reserve bank of india) is not encouraging their people to buy cryptocurrency.
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Is bitcoin legal in india quora / what is bitcoin how to invest a beginner s guide to bitcoin in india ndtv gadgets 360 :
While indian government or aka modi ji never announced trading of cryptocurrencies is illegal and banned in india. So yes, cryptocurrencies are allegal to india that means it is neither legal nor illegal. Unlike guns or drugs, it's perfectly fine to use cryptocurrencies as they are intended. They enforced banks to not to deal with organizations, companies and institutions that are dealing with cryptocurrencies. Cryptocurrency entered india in 2013 and raised a big heat among people from all social classes who invested and traded with great enthusiasm. Indian banks continue to notify customers. Cryptocurrency is currently legal in india, but in july rbi banned the country's banks from servicing. Is cryptocurrency legal in india quora : Is cryptocurrency banned in india quora : In india the central bank which is rbi (the reserve bank of india) is not encouraging their people to buy cryptocurrency. Also, read reviews in quora about the above five companies and then choose a platform to invest money in digital currency in india. No cryptocurrwncy is not illegal in india. Cryptocurrency trading in india quora :
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