Lots of FUD being spread about Arun Jaitley's Union Budget speech Crypto Currencies, Bitcoin.
Don't fall for it, all he said was "Crypto Currencies are not legal tenders in India, and any use of Crypto to finance illegal Activities will be punishable", same stance as before.
These stupid news channels, news sites, people, as ignorant as they are, twist words, misquote, panic or whatever the f*ck they understand and spread FUD. don't fall into this trap and panic, the stance on Crypto Currencies is same as before.
Neither legal or illegal