bitcoin_geek
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Joined: Sun Oct 29, 2017 2:02 pm

Indian Government May Take Strict Action Against Bitcoin Trading

Thu Nov 02, 2017 6:22 pm

The Indian government is continuously examining the bitcoin ecosystem and now its on the conclusion stage. According to a news report, a Government panel has advised closing bitcoin and cryptocurrency exchange/dealers in India.

zaber_coin
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Re: Indian Government May Take Strict Action Against Bitcoin Trading

Wed Nov 22, 2017 5:09 pm

Again, the government of India is trying to prevent people from buying bitcoins. You can not just forbid a free crypto currency, it's unfair to the citizens of the country.

Priyankasharma1
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Re: Indian Government May Take Strict Action Against Bitcoin Trading

Tue Feb 13, 2018 7:57 am

No, the Indian government is not closing bitcoin and cryptocurrency exchange/dealers in India. According to the Finance minister Arun Jaitley, bitcoin is not a legal tender but he didn't say that they are going to ban them in the country. It's true that some Indian banks have suspended the accounts of top bitcoin exchanges in India, however recently a news came where the SEBI chief declared that they are planning to regulate cryptocurrencies in India so I think that is a sigh of relief for all the traders in the country. You can read about it here-
http://www.unkrypted.com/crypto-regulat ... ebi-chief/

bitpay
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Joined: Tue Mar 13, 2018 9:18 am

Re: Indian Government May Take Strict Action Against Bitcoin Trading

Fri Mar 16, 2018 8:06 am

Indian government has no banned the cryptocurrency indian finance minister Arun Jaitley has said , bitcoin is not a legal tender but he didn't say that they are going to ban them in the country.

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irikan50
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Re: Indian Government May Take Strict Action Against Bitcoin Trading

Fri Apr 27, 2018 9:58 am

Indian government is not showing good prospect towards the cryptocurrency and they have banned the trading of the Bitcoin as far as I know. But they need to realize the importance of the cryptos as soon as possible as they have the vision of leading IT in the whole world.

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