Bitcoins cannot be legal in India.

[WHENSandozCOME]

Only explanation for this is that Govt is still in confusion about the route of bitcoin generation...

[BeeStrawser777]

I would never suggest to enforce btc ecosystem as there are hacker root and terrorist organisation operating btcs

[coingrowth]

Govt formed interdisciplinary committee to set guidelines for bitcoin and usage and regulations how to trade bitcoins in India so we can expect good set of rules

[AmpaLex11]

Who said paypal is illegal? It has been legalised and many govt bodies accept payment through it.

[Pancheng]

Although India government doesn't approved or officially legalized BTC or crypto currency but they didn't state that it was illegal, also using crypto in buying things or accepting crypto as payment from someone, you should know about your customer, since people get caught receiving crypto by some one with laundered money. So be careful.

[deepakg2m]

In my opinion it will be legalised very soon in India because of the popularity it is gaining and its versatility is not allowing anyone to reject it.Indian Government will declare BITCOIN legal in a couple of years.

[onrise]

In my opinion it will be legalised very soon in India because of the popularity it is gaining and its versatility is not allowing anyone to reject it.Indian Government will declare BITCOIN legal in a couple of years.

It seems you are unaware about the ystd decision given by the RBI which states that their is only last 3 months to unwind the position for the banks regarding the btc or any crypto currency. Their intention is very clear and they will be bringing their own coin.