No, India Isn’t Banning Bitcoin as Mainstream Media Gets it Wrong [Again]

in india-isnt-banning •  7 years ago 

This is when he touched the topic of cryptocurrencies and used them in the country. As CCN said yesterday, India's Finance Minister Arun Jaitley was distributing the country's budget for 2018-19. This India has not made any restrictions on these cryptocurrencies or their trade on these exchanges.

This is now the coverage of Indian officials, unlike global news, which implements an unexpected 'ban' on Bitcoin and its other cryptocurrencies. They will take all measures to eliminate the use of these cryptoassets in financing delicate activities and it will be part of the payment system. This government has not considered cryptocurrencies as legal tender or coin. It is to quote Jaitley.

Source - https://www.ccn.com/no-india-isnt-banning-bitcoin-as-mainstream-media-gets-it-wrong-again/

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