English, asked by potrriselvan, 1 year ago

can trading of cryptocurrency like bitcoin,litecoin and ethereum be done in india


vinodpattar75: i answered na...

Answers

Answered by vinodpattar75
1

On Feb first 2018 Finance minister Arun Jaitley has stated that the government will do everything to discontinue the use of bitcoin and other virtual currencies for criminal use. He said that they are not considered legal in India and instead will be encouraging blockchain technology for payment systems.Earlier this year the RBI has announced a ban on the sale or purchase of cryptos.


vinodpattar75: sorry this is the answer
vinodpattar75: On Feb first 2018 Finance minister Arun Jaitley has stated that the government will do everything to discontinue the use of bitcoin and other virtual currencies for criminal use. He said that they are not considered legal in India and instead will be encouraging blockchain technology for payment systems.Earlier this year the RBI has announced a ban on the sale or purchase of cryptos.
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vinodpattar75: NO obviously......
Answered by Sumitprusty
4

Yes, trading of cryptocurrency like Bitcoin,litecoin and ethereum be done in India.


This is because India such all these types of currencies for the development of the sociology.

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