Here's the statement verbatim: “The Government does not consider cryptocurrencies as legal tender or coin and will take all measures to eliminate the use of these cryptoassets in financing illegitimate activities or as part of the payments system.”
The FM of India declared crypto not a 'legal tender' in India at the annual budget program. Not a Legal Tender means you cannot use them as 'Rupee' to buy/sell goods. That's it. He never mentioned anything related to trading or investment, gold and stocks are also not considered legal tenders, everything was misinterpreted.
The assets of leaders have been converted to crypto. But would never accept good things coming forward to its citizens. Dramatic artists are said to be leaders. The benefits are screened in front proving, but the eyes are closed and ignored to accept.
Though news spread against accepting bitcoin, few good news like state UP merges Blockchain technology to protect documents. Another news on investment planned for jiocoin projects. Such good news do occur. Can you co-relate good news with leaders against bitcoin?
