Bitcoin future in India

[hiramehar]

The Indian government has restricted trading of crypto in India. It's not banned though but the local exchanges have figured out the method to trade using p2p mechanism. So, what do you guys think will it have an impact on the whole crypto market?

[Methos]

Nothing. What I know is that india is one of the asset of bitcoin but not the major. Such situation can only affect if China is the one doing that thing.

[JasmineRose]

The Indian government has restricted trading of crypto in India. It's not banned though but the local exchanges have figured out the method to trade using p2p mechanism. So, what do you guys think will it have an impact on the whole crypto market?

its okay, my country also restricted it, but still allow to acces it. because in indonesia not ilegal, maybe in india is same. so, indian can acces bitcoin such me

[DAMKAR]

The Indian government has restricted trading of crypto in India. It's not banned though but the local exchanges have figured out the method to trade using p2p mechanism. So, what do you guys think will it have an impact on the whole crypto market?

its okay, my country also restricted it, but still allow to acces it. because in indonesia not ilegal, maybe in india is same. so, indian can acces bitcoin such me

Yes It is true mate. The Indonesian government does not ban bitcoin and also doesnt legalize too.

[The Translator]

Besides Japan, Korea and China, India is one country that has many crypto lovers. In a sense, there will be an impact from crypto bans in India. But I am sure, as long as the government does not strictly prohibit, such as blocking crypto sites, this will not be a big problem.

[rizqillah]

The Indian government has restricted trading of crypto in India. It's not banned though but the local exchanges have figured out the method to trade using p2p mechanism. So, what do you guys think will it have an impact on the whole crypto market?

its okay, my country also restricted it, but still allow to acces it. because in indonesia not ilegal, maybe in india is same. so, indian can acces bitcoin such me

Yes It is true mate. The Indonesian government does not ban bitcoin and also doesnt legalize too.

Yes I see. In my country, Indonesia. The government is not ban and legalize bitcoin.

[Seerge]

in my opinion, with such regulations applied in the country of India, in my opinion it would certainly have an impact on the progress and development of Cryptocurrency in the country, because with the existence of these regulations the movement of people in Cryptocurrency is limited, and they are not free.

[Knaw]

Most individuals in the developing country of India will never experience modern forms of banking developed by developed countries, and any changes to this require gradual introduction of change to ensure efficient distribution. But with the existence of Bitcoin, people in developing countries now have the opportunity to pass through the existing banking infrastructure, and move towards the financial system

[Zed0X]

The Indian government has restricted trading of crypto in India. It's not banned though but the local exchanges have figured out the method to trade using p2p mechanism. So, what do you guys think will it have an impact on the whole crypto market?

It will have an impact for sure but not the same as when US, China or Japan bans crypto trading.

[luvr1000]

this is very good news, in the future I think in all countries of the crypto currency will become more serious, and then the market growth will be very large

[flyaccount]

I do not think so. This ban by the Indian government will not have too much impact on crypto's future. India only has a small portion of cryto shares so this will not have too much impact on crypto prices. But it is different if the ban is carried out by the governments of South Korea, China or Japan. Because we know, these three countries are the most crypto holding countries.