RE: All you Need to Know About Investing in Cryptocurrency in India

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All you Need to Know About Investing in Cryptocurrency in India

in bitcoin •  7 years ago 

There's so much FUD surrounds cryptoworld and so many conflicting news on the web and if we will not investigate thoroughly, we will be misled.

Its a good.thing we have steemians that shared the truth amidst of fake news. I am just wondering, several months ago India banned bitcoin and anyone caught trading with digital currency will face consequencies, is this true?

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NO, it is fake. The govt banned activities related to ponzi schemes and made strict rules regarding that, and in it they also covered ponzi schemes related to crypto, hence the misconception and the media blatantly published that crypto is no longer valid in india.
Hope this helps

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good

NO, it is fake. The govt banned activities related to ponzi schemes and made strict rules regarding that, and in it they also covered ponzi schemes related to crypto, hence the misconception and the media blatantly published that crypto is no longer valid in india.
Hope this helps