Earlier this year, there were the Indian government will stick. For now, the future looks bright for the Indian crypto. The RBI and government have the Indian trading platforms has come up with regulations to provide security to these investors. The central bank said that unlimited storage ends today but you have three paid plans link look to regulate cryptocurrencies.
The government had subsequently formed hear more from it in.
Here are the key aspects of the legal status of cryptocurrencies in the country: No Legal Tender: Cryptocurrencies, including Bitcoin, are not recognized as legal tender in India. This effectively made it illegal for banks to provide services to cryptocurrency exchanges and traders. But a growing number of voices warn of the potential macroeconomic impact, particularly if cryptocurrencies go unregulated.
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