RE: India Ban on Crypto Currencies at Budget 2018, Is it for Real? My Views with Facts

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India Ban on Crypto Currencies at Budget 2018, Is it for Real? My Views with Facts

in cryptocurrency •  7 years ago 

In India, according to the budget which was published fews days back here is exact citation "Cryptocurrency is not legal tender in India but the govt will explore blockchain to usher in the digital economy, says Arun Jaitley".

"Not a legal tender" just means it cannot be used for buying goods and services within the country but there was no mention about holding or trading cryptocurrencies which I guess is completely legal as it involves KYC.

cryptocurrency
7 years ago by

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