Indian cryptocurrency regulation issue

[gourav787]

Yes , after some struggle Crypto currency is acceptable in India . Now every perosn can used bitcoin for trading as well as payment method also . This is really a great step taken by India government .

[Istiak]

Yes why not! I think other country should think about that because crypto became a very good source of income for scammers. People don't know much about it so some people easily fall into traps. There should be some laws about crypto scamming and it's not very hard to track transactions so no criminals will be free.

[Astra]

The problem for the Indian population is that the government and legislators have not yet decided how to treat cryptocurrency and have not adopted a single regulation regarding it, and banks are not friendly to cryptocurrency and, in the meantime, are writing their recommendations, bans and restrictions. ...
India needs its own laws on the circulation of cryptocurrency.

[vanjava]

In my opinion, many countries still don't believe in cryptocurrency, and there are several countries like that but ultimately believe in cryptocurrency because its potential can have an impact on the economy in that country, such as increased income.

[ShadowCrypto]

it's somewhat similar in America. a certain subset of the middle class, the college-educated crowd still has faith in our society, institutions, media, etc and think they're in sync with the classes above them against the peasants beneath them because they occasionally read some economic news.

[Michael.sol]

Yes , according to new rule now BITCOIN as well other Crypto currency are accepted in India . India users now trade , mined or used Crypto currency without any restrictions . This is really a good step taken by India government .

[Jaguar]

This is definitely good news for the Indian community. Especially now that the WazirX project will be listed on binance. WazirX is a project from India. This proves that the Indian currency can be freely traded on crypto.

WazirX proves that even Indian can compete in new technology and crypto digital system. Indian people can invest in cryptocurrency with freedom not to be condemned. In the future more projects will come up from India.

[sky20]

This is good news for Crypto currency that India corroborate it. As far I know that India already starts using Blockchain technology. WazarX is an Indian crypto currency and it will be listed on binance. So it's a great news for all concerned of crypto.