One country will use Bitcoin for payments...

in cryptocurrency •  6 years ago  (edited)

As the adaptation of the crypto-currency world expands everyday, Bitcoin and its roadmates continue to find new uses for themselves.

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The latest news about the adaptation of Bitcoin comes from India, which seems to change the attitude of India, crypto paralara, which has interrupted the banks with the crypto money exchanges in the country for the last month. The government, which plans to generate revenue from the big betting industry in the country, announced that crypto money could also be used as a payment method.

India's turbulent relationship with Bitcoin and crypto money has moved to another dimension with the final decision of the Indian Legal Commission. While it was a big debate about whether to bet sports games in the country, the jurisdiction decided that crypto money could be used in other bets like credit cards and other currencies.

Crypto money has also been included in recent days to engage the country's agenda and put the online betting on legal grounds for many areas including the country's popular sports cricket. The official commission of the legal commission has introduced the crypto pay-as-you-go option as a payment option that is useful and legally valid among digital payment methods.

The report includes the following words;

Although the online sports betting industry in India was banned in India, it was revealed that the last police operation and online betting were illegal, with a lot of famous names and politicians among them. Despite the prohibitions, with the stagnation of the betting sector in the country, India has begun to work on the way to earn income from industrial taxation by putting this sector on legal grounds.

After this development, he spoke about the decision taken by Nischal Shetty India, the founder of WazirX, the spouse's crypto money exchange, which spoke to US media channel Quartz;

Although the online sports betting industry in India was banned in India, it was revealed that the last police operation and online betting were illegal, with a lot of famous names and politicians among them. Despite the prohibitions, with the stagnation of the betting sector in the country, India has begun to work on the way to earn income from industrial taxation by putting this sector on legal grounds.

After this development, he spoke about the decision taken by Nischal Shetty India, the founder of WazirX, the spouse's crypto money exchange, which spoke to US media channel Quartz;

With the rise of pressure against Bitcoin and the crypto parliament with the request of the Reserve Bank of India, crypto-money-holders who are restricted in freedom expect the industry to become well-regulated and comfortable to buy crypto money.

While it is not possible to transfer money to centralized crypto money exchanges in the country at the time of publication, the moving stock market is still actively being traded with money transfers between spouses like WazirX, Koinex Loop.

The forbidden decision of the Bank of India was not rejected by the Supreme Judge and it was decided that the decision would be taken on September 11, 2018. As far as this is concerned, Indian users will continue to use peer to peer exchange platforms. (Crypto Coin)

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