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Can people buy large amounts of crypto e.g. Why bitcoin is illegal in india quora / is bitcoin illegal? Crypto currency illegal in india says @arunjaitley #bitcoin #digitalcurrency #budget2018. The concept of bitcoins being quite new to the indian market, apparently the government has not yet brought taxability of bitcoins into the statute books. Why bitcoin is illegal in india quora : Let me elaborate, recently, the government of india announced that it plans to introduce 'the cryptocurrency and regulation of official digital currency bill, 2021'. Is bitcoin illegal in india quora / what would be the legal status of bitcoin in india quora : Is bitcoin illegal in india quora / what would be the legal status of bitcoin in india quora : India 's finance minister nirmala sitharaman has given hope to the indian crypto sphere. While bitcoin, ethereum, and other tokens are not specifically banned in india or illegal to own, the despite these developments, the legality of cryptocurrency in india remains in a sort of quagmire. Is cryptocurrency legal in india 2021 quora : Well, this has raised a hue and cry over the crypto enthusiasts in india. Paxful trading volume in india.
What is illegal though is not sharing your profits with the government. Wazirx is a new bitcoin and. That is because it is still unregulated as there are no laws regarding cryptocurrencies in india. Indian finance minister arun jaitley reiterated in the national budget. Bitcoin is not illegal in india.
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