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There are other millions of speculators who are waiting for the status of bitcoin regulation in india. Probably there was a restaurant in india (bengaluru) who is accepting bitcoin in india. You can start investing in cryptocurrencies by buying bitcoins using indian rupees. Bitcoin is currently priced at inr 45,00,000. In his tweet, hanke draws a comparison saying that all these nations already rank poorly on the global corruption scale.
Is cryptocurrency legal in India? What are the issues? - Quora from qph.fs.quoracdn.net The reserve bank of india, india's central bank has prohibited trading or any kind of dealing or service in respect of bitcoin and other crypto currency. By the end of 2021, this target can also be fulfilled. In his tweet, hanke draws a comparison saying that all these nations already rank poorly on the global corruption scale. / they say that any rbi regulated entity (banks) should stop the transactions (buy/sell) related to cryptocurrencies. Much like el salvador, all these nations run high on corruption. Is bitcoin legal in india? Bitcoin or for that matter any crypto currency is not legal tender in india. It is in view of inherent risks involved in its trade as their market value is highly unstable.
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