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Will india ban cryptocurrency again

Written by Bruce Oct 16, 2021 · 6 min read
Will india ban cryptocurrency again

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The Centra has reiterated time and again that it does not consider cryptocurrencies legal tender or coin. Is crypto mining illegal in India. During Budget 2018-19 the Union government had said that it will take all measures to eliminate use of these crypto assets in financing illegitimate activities or as part of the payment system Reserve Bank of India on Cryptocurrency. The Centra has reiterated time and again that it does not consider cryptocurrencies legal tender or coin. Is cryptocurrency legal in india.

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