Is cryptocurrency trading in India going to be banned again?

[jeetchitanis]

what are your thought's on this

[kulkhan]

No I Can't Think That. Because Now A Days Cryptocurrency is More Popular in India. Some Physical And Virtual Cryptocurrency Exchanger Opened In India. And Government Approved some Exchagers. So I Can't think Cryptocurrency will Not Banned. I Think the Future Of Cryptocurrency In India will Bright. People’s and Government takes it Positively.

[Maynul96]

I see this news from three year's ago that bitcoin will be banned on india. All cryptocurrency and all indian cryptocurrency exchange will banned from india. Now as a current news we see that bitcoin will banned from india but it still not confirmed.     

[Fakhrulenclix]

what are your thought's on this

What??
You even don't put any explanation or any link in your thread?? Try to make little explanations so forum member can analyze what going on

[Seerge]

I don't think so, India is very enthusiastic about the presence of Bitcoin.  The Indian community is also quite active here, I think it will not happen again unless there has been a fairly high crime rate with Cryptocurrency that occurred in the country.

[EAA-ALLAH]

A several days ago, I read a news where wrote indian governments will ban cryptocurrencies and will launch their own crypto. They are going to establish a co cryptocurrencies to develop Bitcoin price.

[sky20]

Some days ago i heard that crypto currency will be banned form India which is address by the indian govt. So there is nothing to do. If they do that then the indian people don't get the opportunity to use it freely.

[yurez]

Now this is not a problem as there are many DEXs and several CEXs without the obligatory KYC passing.  The Internet has no boundaries and no government can ban the trade and transfers of cryptocurrencies.

[Condorlaib]

Now this is not a problem as there are many DEXs and several CEXs without the obligatory KYC passing.  The Internet has no boundaries and no government can ban the trade and transfers of cryptocurrencies.

I believe that your answer is the most correct and relevant for those who are worried about government bans on trading cryptocurrency. Of course, the use of cryptocurrencies in the country is a completely different issue and should be regulated at the legislative level, because no businessman will accept cryptocurrency as payment if it is prohibited.

[Casual]

In fact I heard this news quite a while ago. Cryptocurrency trading bands in India.  As far as I have heard they will establish their own cryptocurrency. Maybe that's why the Indian government has banded.

[Carbitcoin]

In fact I heard this news quite a while ago. Cryptocurrency trading bands in India.  As far as I have heard they will establish their own cryptocurrency. Maybe that's why the Indian government has banded.

I believe that there will be a greater demand for vpn programs in India, and how people can trade without any government influence. Therefore, with regard to trade, despite the prohibitions, trade will continue.

[Sirait]

^ India has been known to have several crypto bans on it, not a piece of big news anymore and they have officially declared it. in the future, they will definitely reopen crypto trading.

https://www.cnbc.com/2021/01/30/the-indian-government-may-ban-cryptocurrencies-like-bitcoin.html
https://news.yahoo.com/india-proposes-law-ban-cryptocurrencies-103134940.html

[Sharpmax]

Yes, I heard this news.  But is it a little sad for cryptocurrency?  Our neighbor India gave Bitcoin full legitimacy in their country.  Now I hear that they are taking away the legitimacy again.  I still know very well why this happened.  But it will be much better if the legitimacy is not taken away.  We want Bitcoin to be legal in India.

[hushpupppy]

what are your thought's on this

I think it is too early to panic, worry or get disturbed; but instead i would advise all to enjoy every moment and enjoy crypto currency if the country permits it for now. Keep your funds safe and trade without having any crypto currency description on any banking details

[Gurujebs]

what are your thought's on this

Is too early for the government to take such decisions.
Earlier last year, the Supreme Court rule for crypto adoption and I don't think they would @free to later dis agree on something the masses are craving for.
I Don believe there will be a stict regulation in other to maintain peace in the space and also from terrorism and kidnapping.