wtbhitlv
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June 21, 2018, 01:26:20 PM |
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Some of my friends in Mumbai are investing in bitcoin, which has little impact on India's domestic investment.
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dante golo
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June 21, 2018, 03:36:59 PM |
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If the ban in my own Indian country,not really understand but we as hunters should remain optimistic that bitcoin will continue to experience rapid growth.To continue open opportunities in the business of making income every time and help the economy become more secure.
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kasemin
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June 21, 2018, 03:50:06 PM |
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There is no Cryptocurrency ban in India as of now. The Finance Minister said in a statement that Bitcoin is not a legitimate means of payment, but does not call it illegal. The government welcomes Blockchain technology in its payment gateway system. You are still seeing some ICOs born from India, and unfortunately you are starting to doubt their project. They make ICO easily just to earn money and this is bad. This may be the reason why India forbids cryptocurrancy when in the future this technology will be a good solution.
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mommysean
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June 25, 2018, 03:21:13 AM |
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Any one From India?
Is it true that Cryptos will be banned in India??
Do we have to Pay taxes to Indian Govt. For keeping Cryptos
i think this could be only rumour spreaded by some bad peoples. just ignore it. Cryptocurrency is a modern technology, it should not be banned in every country. |
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cowboy1212
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June 25, 2018, 07:37:20 AM |
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As far i know it is just a rumor.If the digital currency finally faces a ban,The government can only place some regulations on it operations but not total ban.
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njnvvmjp
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July 04, 2018, 03:27:54 PM |
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It is understandable that the government may control the trading of bitcoin in the country by strengthening tax revenue, which will not limit the development of bitcoin.
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suraza21
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July 04, 2018, 03:44:11 PM |
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Latest information from the bitcoin mayor in India is that the efforts of the Indian exchanges have scored in the eyes of the government, making lawmakers reconsider Bitcoin and the mainstream electronic money segment. India has decided to conduct market management and create a fair environment for the exchange
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minasantos
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July 04, 2018, 04:42:46 PM |
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If India launches moderate supervision, it will be advantageous to the development of bitcoin in this country, so that more people can join the encrypted world.
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wtbhitlv
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July 05, 2018, 01:37:08 PM |
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In the past year we have seen a lot of Indians starting to invest in bitcoin, and in the ICO field there have been India projects, and I think the India government will not launch too much of the ban on bitcoin.
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viyumztf
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July 05, 2018, 01:39:35 PM |
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These prohibitions have no effect. I think young people in India will rush to buy bitcoins like they rush to buy gold.
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shafi alam
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July 05, 2018, 01:47:12 PM |
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India haven't ban bitcoin or accept yet.
Its a rumor maybe . india is a one of the big bitcoin user country.
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HiringYou
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July 05, 2018, 02:08:54 PM |
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Bitcoin is not as such banned in India. RBI has filed a case against all the crypto exchanges due to which no bank is allowing these exchanges to convert crypto into rupees from 5th july.So that is why these exchanges are not able to provide any services until the next hearing which is on 18th or 20th of july. If the decision will come in the favour of these exchanges then they will start working again and if the decision will come in the favour of RBI then I don't think that people in India will be able to work with crypto as they will not be able to convert crypto into fiat and if the decison will be postponed to the next hearing then these exchanges will not be able to work until the decison.So lets wait for the next hearing.
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Harah
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July 05, 2018, 03:11:23 PM |
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While the government is considering the use of blockchain technology to organize records,
it doesn’t consider cryptocurrencies as legal tender and will take all measures to eliminate their use in financing.
India’s central bank is opposed to cryptocurrencies given that they can be a channel for money laundering and terrorist financing.
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droppasta
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July 05, 2018, 03:28:33 PM |
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I think cryptos are not banned yet in India. but I am sure there are some pros and cons with cryptos so rumors fly. as I know there is no law to set this yet, but if the cryptos are spreading more I guess government will set the rules and laws for it
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chetanvineeta
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July 05, 2018, 03:32:43 PM |
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Govt. may want to regulate cryptos in India. As of now one cannot trade cryptos and we all should wait and watch.
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Liternyy
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July 05, 2018, 03:39:37 PM |
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this ban is just a temporary restriction on the part of the government, but they will not be able to keep it for long because of their desire for development because bitcoin is a new unique resource for the economy
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Bitcoininvestment
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July 05, 2018, 03:48:26 PM |
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Many speculations and so called "news"have already spreaded regarding bitcoin being banned in india but there is still no confirmation from their goverment or any law regarding it. I think its still best to ask someone who living or have been in that place since they are the ones who know the real thing there. I think there may be some restrictions regarding the use of it but still it is not totally banned.
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finlandais
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July 05, 2018, 03:55:20 PM |
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No , its not true.It is not banned in india. Court case is still pending.But till the next hearing the banks are not allowed to entertain any request of investor of exchanging bitcoin into currency.As per news 20th July is the deciding day.On 20th July the court will give orders and after that we can surely say that whether Bitcoin is banned in India or not.If again on 20th july the result gets postponed than present scenario will prevail and banks will not exchange bitcoin into rupees till the further orders.
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znakistu
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July 05, 2018, 04:04:46 PM |
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The leaders of the three leading bitcoin exchanges of India Unocoin, ZebPay and Coinsecure unanimously stated that the information that the crypto-currencies were banned in this country is false. yes, the government does not recognize bitcoin and other crypto currency legal tender and will take all necessary measures to prevent financing of illegal activities by means of crypto-currency payment systems, but representatives of the same stock exchanges report that in general the ban on crypto currency is not talking: the media simply misinterpreted the statement minister.
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miraj0007
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July 05, 2018, 04:46:51 PM |
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As far as I know, there is no ban on cryptokrunning. The Finance Minister said in his statement that Bitcoin is not a legal tender but the Government of India has declared it illegal and the government welcomes BlockKen Technology to its payment gateway systems.
You will pay taxes on earnings via the Cryptoscope, it has been assigned a 30% tax and will pay taxes on it.
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