Future of Crypto for Indians?

[Rituvohra01]

I think it is not only in India that prohibits the cryptocurrency but  there are many  countries that prohibits  it.I think in future government accepted bitcoin  due to Indian economy.

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[anil_saini01]

Initially scheduled for September 11, the Supreme Court of India has now postponed the cryptocurrency case hearing to next week. Besides the three-judge bench to look into the details of the merits of whether the RBI could take such extreme measure without having a proper consultation, the clubbed cases also seek Indian government’s clarification regarding Bitcoin-regulation in the country.

[rjsmith]

Bitcoin is important for Every person not for indians.most of the people are use this currency but Indian is one of the most crypto currency in this market and bit profit form it.

[finlandais]

As per the latest news still RBI has not allowed any bank to entertain the result of anyone who wants to exchange bitcoin for indian currency.Till futher orders this scenario will prevail.If we talk about the future of BTC in india,it is still suspense.Nobody exactly knows what will happen in future .But it is sure that BTC has a good future in world.

[Shubhamgill33]

India, one of the largest countries in the world with a population of 1.3 billion potential future users of cryptocurrencies, remains in a legal limbo as cryptocurrency exchanges await more clarity from the Reserve Bank of India (RBI) and the country’s supreme court. Currently a legal tussle is going on in between RBI and crypto exchanges. Soon decision will be out in Court.

[dothebeats]

The RBI discourages people from using banks to obtain/meddle with bitcoin and other services directly linked to it but not necessarily banning it wholly. Perhaps this is for the preparation of their new state-issued cryptocurrency which I think they want full support with.  There's really just a whole lot of opposition on bitcoin in India, especially on the ranks of the RBI. But once they saw that there's a huge benefit in accepting it, especially the services, there's no doubt they will accept it and use the tax proceeds to run the government.

[Johnyz]

As per the latest news still RBI has not allowed any bank to entertain the result of anyone who wants to exchange bitcoin for indian currency.Till futher orders this scenario will prevail.If we talk about the future of BTC in india,it is still suspense.Nobody exactly knows what will happen in future .But it is sure that BTC has a good future in world.

Today is the hearing and I hope this will favor in crypto enthusiast. Bankers should allow this one, for sure they are the one who is influencing the government to ban bitcoin. No one can stop this market from rising because some government already make this a legal thing, they will follow later on. You can still use your bitcoin in other country I believe.

[ljane]

Cryptocurrency now in the Asian countries has now gotten roots of which India is not an exception. Looking at the future of which Indians are building towards in the aspect of cryptocurrencies, I think they will be one of the best countries trading in cyrptocurrencies in the future.

[ehiozuwa]

The Supreme Court of India is still pending her decision on whether on not cryptos are legal instrument. The pressure is from RBI, I believe most laws against cryptos will eventually get repealed in the future when adopting must have peaked

[spyderbilt]

crypto's future in India has not yet come to light, because we know that the Indian government is not friendly to crypto, crypto could be completely lost in India and could again find a good market share recovery. we are just waiting for that moment and news from india.