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The reserve bank of india had cautioned the users, holders, and traders of virtual currencies (vcs), including bitcoins, about the potential financial, operational, legal, customer protection and security related risks that they are.
The indian government is now considering the introduction of a new bill titled cryptocurrency and regulation of official digital currency bill, 2021(new bill) which is similar in spirit to its previous versions, however, intends to ban private cryptocurrencies in india with certain exceptions to. All cryptocurrencies, especially bitcoin, is legal in india. 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. This can have major implications for india's. Join tradingview india community of traders and investors. Is cryptocurrency legal in india. Cryptocurrency is nothing but a form of digital currency, which is designed to be anonymous and secure. Cryptocurrency is a global digital currency with no central regulatory authority. Cryptocurrency trading now legal in india march 2020. Bitcoin was the first ever cryptocurrency created in the year 2009. Trading cryptocurrency tokens is not significantly different from trading valuable. Many developments are yet to be observed in the coming days. At the time of writing this article, there are total 3 cryptocurrencies that you can buy directly.
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