Bitcoin Legal Or Illegal In India 2019 - Bitcoin Developer' Proposals on GitHub Highs / The indian government may sooner or later regularize the cryptocurrency in the country with some special provisions, laws & regulations.. Indian supreme court on cryptocurrencies. In april 2018, the reserve bank of india (rbi) issued a circular directing all entities regulated by it to not deal. The money circle platform, fundchain az token public sale starts from 1st march 2019. Arun jaitley had clarified that bitcoin is not a legal currency in india. The indian government may sooner or later regularize the cryptocurrency in the country with some special provisions, laws & regulations.
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When it comes to the legal status of bitcoin in india, let us understand the regulations and bans that apply to this cryptocurrency.
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India is expected to pass a bill that would criminalize cryptocurrencies, according to a reuters report that cites an unnamed government official.
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