Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: Crypto_Qv9 on January 04, 2018, 09:26:09 AM



Title: Bitcoin Legal or illegal in India?
Post by: Crypto_Qv9 on January 04, 2018, 09:26:09 AM
I want to know if Bitcoins are legally accepted or not accepted in India


Title: Re: Bitcoin Legal or illegal in India?
Post by: themistocleess on January 04, 2018, 10:39:34 AM
I don't know no that bitcoin is legal or illegal.may be it is illlegal.


Title: Re: Bitcoin Legal or illegal in India?
Post by: mayan251 on January 04, 2018, 10:58:53 AM
Bitcoins is the ancestor of CryptoCurrency. Illegality is now unimportant for Bitcoins. The important thing is that Bitcoins is now used as a CryptoCurrency circulation and asset allocation. Therefore, although each country's treatment of Bitcoins policy is different. But that doesn't affect Bitcoins!


Title: Re: Bitcoin Legal or illegal in India?
Post by: KingScorpio on January 04, 2018, 11:13:47 AM
I want to know if Bitcoins are legally accepted or not accepted in India


legal is that what is in the interest of indias financial and banking elite,

andthe parliament they are using for lobbying to, so ignore them and take the coin you think is valuable


Title: Re: Bitcoin Legal or illegal in India?
Post by: cryptamod on January 04, 2018, 11:24:03 AM
There wont be a problem if you are in india your government doesnt regulate cryptoccurency as of now.


Title: Re: Bitcoin Legal or illegal in India?
Post by: Adil Amim on January 04, 2018, 11:31:30 AM
It is not yet declared whether Bitcoin is legal or illegal in the country but may be they are trying to get certain regulations regarding bitcoin. If you follow the Indian news on Bitcoin, you will find even Indian celebrity has also made a lot money by investing on Bitcoin.


Title: Re: Bitcoin Legal or illegal in India?
Post by: cryptogeek101 on January 04, 2018, 11:33:03 AM
The indian government through their Reserve bank says that it has not issued any license or authorisation to any entity or company to operate such scheme or deal with bitcoin.That was last year,2017. However we don't know what will happen this year,2018.