Report: Using Bitcoin is Legal in India

Report: Using Bitcoin is Legal in India

There are certain guidelines as to who may issue legal tender and bank notes although neither of these terms has been clearly defined. There is a lot of concern across various countries in the world whether or not Bitcoin is legal in that particular region. A new research paper by Nishith Desai Associations shows how Bitcoin is legal in India, although there are still some regulatory concerns regarding cryptocurrency in the country. Similar to most countries in the world, there is no law against cryptocurrency or its usage in India. That can only be seen as a positive aspect for future....


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