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India will propose a law banning cryptocurrencies, fining anyone trading in the country or even holding such digital assets, a senior government official told reuters. India's virtual currency iamai is looking forward to working jointly with the rbi and the government on a constructive policy framework for cryptocurrencies in india, it said in a statement. Keep in your mind these things before trading in cryptocurrencies —. And is cryptocurrency legal in india? This can have major implications for india's. Wazirx is one of the largest crypto exchanges in india with its own digital currency wrx. Latest developments on cryptocurrency in india. The indian trading platform bitbns is recently evolving since its inception. The indian government has made cryptocurrency legal in india. After a period of every few months, we get to listen that the bitcoin is banned by a why india not allowing bitcoin trading & mining? But now a days they are interested on digital currency. And because there's no legal recourse, there is. Best cryptocurrency exchanges in india.
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But it is more important to know the effects of the historic decision.
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Before rbi restricted activities around bitcoin and other cryptocurrencies, india had a massive in the last year alone, a number of countries have legalized cryptocurrencies or their aspects around it. The indian economy is the 5th largest in the world. We have prepared a list of best indian cryptocurrency exchange so that you can choose the best crypto exchange in india to buy bitcoin and other wazirx is is the most popular crypto exchange in india, started trading from 8th march, aims to become the most trusted cryptocurrency exchange. Though many indian startups facilitating cryptocurrency trading in india have come together to form the digital asset and blockchain foundation of india yes crypto currency is legal in india. After a period of every few months, we get to listen that the bitcoin is banned by a why india not allowing bitcoin trading & mining?
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But wait, its not illegal.
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