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Question: Will the government of india take any steps against crypto currency in india
No
Yes
Yes but it won't succeed
Yes and people will follow the same

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Author Topic: Crypto currency in india  (Read 224 times)
Gundeep
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December 07, 2017, 01:44:11 PM
 #1

This is only to check the view point of the public as a whole
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kabit9
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December 07, 2017, 01:50:45 PM
 #2

Why steps only "against"?  Why not steps to sensibly regulate and tax it?

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December 12, 2017, 08:10:58 AM
 #3

RBI and Govt formed Inter Government constitutes an Inter- Disciplinary Committee


Government constitutes an Inter- Disciplinary Committee chaired by Special Secretary (Economic Affairs) to examine the existing framework with regard to Virtual Currencies.

The Committee to submit its report within three months



http://pib.nic.in/newsite/PrintRelease.aspx?relid=160923
reliable
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December 12, 2017, 04:13:58 PM
 #4

RBI and Govt formed Inter Government constitutes an Inter- Disciplinary Committee


Government constitutes an Inter- Disciplinary Committee chaired by Special Secretary (Economic Affairs) to examine the existing framework with regard to Virtual Currencies.

The Committee to submit its report within three months



http://pib.nic.in/newsite/PrintRelease.aspx?relid=160923


In recent times the government has warned against the use of btc or said to do it as per one risk. This can be a cautious approach from government side by stating that they had already warned people against it. This can go in both way as they can even ban it because they have already warned its users.
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December 18, 2017, 01:39:08 PM
 #5

I don't think the steps will be in against of the Cryptocurrency. Why would the government do so ??

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December 19, 2017, 08:59:57 AM
 #6

They have already stated that crypto currencies are impossible to "ban". So the most they can do is regulate them and imply income tax on the gains, which is fine by me.

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December 20, 2017, 01:22:54 PM
 #7

They have already stated that crypto currencies are impossible to "ban". So the most they can do is regulate them and imply income tax on the gains, which is fine by me.

Having it banned will cause a black market formation, which again will be flooded with high volumes of illegal trade where the greed for profit never stops.This looks to be the right move to make it neither legal nor illegal in the current scenario.


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ETHtotheMOON1
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December 20, 2017, 01:43:21 PM
 #8

Yes

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