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Cryptocurrencies are not legal tender in india, and while exchanges are legal, the government has made it very difficult for them to operate. In this budget 2021 session, the centre plans to introduce a bill to ban the all cryptocurrencies in india such as bitcoin. In 2021, a boston consulting group report stated. How it's used and how to buy cryptocurrency in india legally in the year 2021. India's finance ministry is keen to legitimize cryptocurrency transactions in india, while industry bodies are working towards generating awareness on bitcoin as a trading and investment asset. What is the current legal status of cryptocurrency in india? We have prepared a list of best indian cryptocurrency exchange so that you can choose the. What does the future hold for cryptocurrency? In that case, they are required to. Indian supreme court on cryptocurrencies. Supreme court ban on cryptocurrency and crypto the fintech industry in india is booming, with an estimated 121% increase between 2018 and 2020. Cryptocurrency trading now legal in india march 2020. Cryptocurrencies are illegal in india and the government fully intends to stamp out their use, according to the finance ministry.
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