Strange things happening in India about crypto, will it gonna ban or not?

[manojpatelme]

• Very few people of India are aware about crypto currency and Majority of them knows only about Bitcoin. It's true that many are experts and knowledgeable persons but most people really don't know about the crypto in a good manner. Till now people calling even stocks market as a gambling. BELIEVE IN JUST SAFE INVESTMNET (LIC, BANK FD, PPF etc.)
• Most of the people think crypto is like a ponzi scheme and people involved in that are scammers, nobody wants to take the risk and make profit by following someone blindly.
• Many of us also have some terrible stories about ICO’s scam and Indian government is also aware of that and it’s difficult to regulate the ICO’s.
• In demonetization govt. was not able to catch black money holders what they expected. But when those holders dive in the Bitcoin many get caught. Is this good or bad? What do you think?

Where there’s a will there’s a way
         Still, after all those things going as an Indian we still can buy and sell any crypto. Now the entire famous platform comes up with the new solutions.

• Zebpay has now TrueUSD which is like Tether. I don't know how that works now. If anyone knows let me know.
• Koinex, Remitano, Localbitcoins, Bitbns all they have peer to peer system now in INR.

[MB2017]

That is one of the reasons gov wants to ban crypto. Many people get scammed by the scammer on a high level. Instead of it's better application gov have interest in how it's bad  Still it's good if gov ban then also we can continue with peer to peer system. 

[cryptokingKG]

In the Zebpay just TrueUSD, which not easy to use for us.  That's the right thing major people use bitcoin in money laundering. Still, in the last time press note, RBI told that they maybe work for their own coin but no update till now.

[slightmoon]

Seems like no matter what gov will gonna do. All the investors adopting the peer to peer system and waiting for the next ATH like last year. Interesting fact is the it's not easy to ban anything but it's just prevent the new investors.

[snkiworld]

Seems like no matter what gov will gonna do. All the investors adopting the peer to peer system and waiting for the next ATH like last year. Interesting fact is the it's not easy to ban anything but it's just prevent the new investors.

yes baning BTC is not easy, already most of the traders started using P2P sites so evening banning not gonna create any great impact in Crypto trading.

[premkibank]

Nows a day we have only transaction restrictions.i think govt will come up with regulations. RBI analyzing pro and cone's of crypto

[callyf]

Helo
Most people saying without any knowledge,you have to check by your own to know about ban.