India May Not Ban Cryptocurrencies, But Treat Them as Commodities

in cryptocurrency •  7 years ago 

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India is not going to put a blanket ban on digital currencies, but rather treat them as commodities, an anonymous source in the government told news outlet Quartz July 11.

According to Quartz, a Finance Ministry panel has ordered a study on cryptocurrencies, which may suggest that the government would treat them as commodities. A senior government official with knowledge of the panel’s discussion told Quartz that they doubt the government aims to ban cryptocurrencies.

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that sounds great, hope India will accept bitcoin as money

Yes we all are hoping good future of cryptocurrency in India

We must to trust in Crypto all over the world !

yes

Wait for 20th july