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History of bitcoin and cryptocurrencies. Let's understand cryptocurrency & bitcoin in very simple language, is it legal to invest / trade in cryptocurrency in india & how to earn money from. Is cryptocurrency trading in india legal? The indian central bank had in 2018 banned crypto transactions after a string of frauds in the months following pm narendra modi's sudden decision to ban cryptocurrency exchanges responded with a lawsuit in the supreme court in september and won respite in march 2020. And is cryptocurrency legal in india?
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Why is the indian government banning cryptocurrencies in india and what is cryptocurrency? Are cryptocurrencies legal in india? Seeing this the crypto enthusiasts celebrated worldwide. In the face of plummeting trade volumes, cryptocurrency exchanges filed a lawsuit in the supreme court and won the case in march 2020. In 2019, the supreme court of india demanded the indian government to set a regulatory framework only a legal professional can offer legal advice and buy bitcoin worldwide offers no such advice with.
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Are cryptocurrencies legal in india?
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Are cryptocurrencies legal in india? Cryptocurrencies are not legal tender in india, and while exchanges are legal, the government has made it very difficult for them to operate. Which further meant that cryptocurrencies like bitcoin are not banned india but the indian government will be consciously cracking down the illegal activities that happen via btc or other. Seeing this the crypto enthusiasts celebrated worldwide. .2020, and banks cannot legally warn or threaten their customers for using cryptocurrencies.
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Supreme court verdict on cryptocurrency.
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