is Cryptocurrency mining legal in India
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Explanation:
a digital currency in which encryption techniques are used to regulate the generation of units of currency and verify the transfer of funds, operating independently of a central bank.
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Answer:
there is no regulation or any ban on the use of cryptocurrencies in the country
Explanation:
Currently, there is no regulation or any ban on the use of cryptocurrencies in the country. The Reserve Bank of India's (RBI) order banning banks from supporting crypto transactions, was reversed by the Supreme Court order of March 2020.
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