It means that Indians will not be able to use Bitcoin as a payment method like Euro or USD. However, they can invest in bitcoin. This is so far what I came to know by my sources.
Indian government does not consider cryptocurrencies as legal tender or coin, and will take all measures to eliminate the use of these crypto assets in financing illegitimate activities.
(: Follow Me :)
The government does not consider cryptocurrencies legal tender or coin, and will take all measures to curb the use of these crypto-assets in financing illegitimate activities or any part of payment systems.
You don't believe that how much you are useful for us because you are giving us an important cryptocurrency news almost every day. I love the way you are sharing your knowledge with us.
Just started following you. Great post. Community, please consider my blog. I currently have 70,000+
followers on Youtube, Twitter, and here combined where my goal is to help improve the crypto community.
I provide free TA on request, make high accuracy calls, and focus on improving YOUR trading game in a concise and educational manner. https://steemit.com/bitcoin/@philakonecrypto/bitcoin-btc-feb-1-in-depth-fundamental-and-technical-analysis
That's true. I don't know why news channel immediately spread the FUD which becomes ones of the prominent reason for panic sell. I have also shared a post after trying to analyse the real news.
Please visit my following post and share your views; Bitcoin banned in India : FUD or Fact?
Upvoted and Following. Thanks n Cheers!!!
It means that Indians will not be able to use Bitcoin as a payment method like Euro or USD. However, they can invest in bitcoin. This is so far what I came to know by my sources.
Yes correct. You cannot use it to pay. But investment is available.
That's still okay i believe.
Yes. It’s ok because we can still trade.
Indian government does not consider cryptocurrencies as legal tender or coin, and will take all measures to eliminate the use of these crypto assets in financing illegitimate activities.
(: Follow Me :)
The government does not consider cryptocurrencies legal tender or coin, and will take all measures to curb the use of these crypto-assets in financing illegitimate activities or any part of payment systems.
Just the payment through crypto is not legal.
Yes...it is not banned...just it is illegal
Illegal for payments. You can use to trade or invest though.
That correct..it is not banned....ambani hopes r still alive with jio coin..it is hsrd for govrnment to ban..
Jio coin etc are not genuine.
You don't believe that how much you are useful for us because you are giving us an important cryptocurrency news almost every day. I love the way you are sharing your knowledge with us.
Keep sharing such news with us. :)
Now my gao wala bhaiyya will say, maine bola tha na bhaiyya, bitcoin vitcoin sab scam hai!
Just started following you. Great post. Community, please consider my blog. I currently have 70,000+
followers on Youtube, Twitter, and here combined where my goal is to help improve the crypto community.
I provide free TA on request, make high accuracy calls, and focus on improving YOUR trading game in a concise and educational manner.
https://steemit.com/bitcoin/@philakonecrypto/bitcoin-btc-feb-1-in-depth-fundamental-and-technical-analysis
Un poco mas de informacion?
That's true. I don't know why news channel immediately spread the FUD which becomes ones of the prominent reason for panic sell. I have also shared a post after trying to analyse the real news.
Please visit my following post and share your views;
Bitcoin banned in India : FUD or Fact?
Upvoted and Following. Thanks n Cheers!!!
News channels were encouraged to spread this news by the government.
media is getting more and more annoying with their fakenews clickbaits
between hawaii being against coinbase, chinese new years and this in india the market has dropped to black friday deals :) buy the dip!
Agreed. But it.
Too much FUD around, but when price is going down, people are looking for FUD so these articles draw more attention!
Great post..!!
Stay strong, don't panic:
https://steemit.com/cryptocurrency/@priyathamreddy/must-see-post-for-all-cryprocurrency-investors-right-now-black-friday-of-cryptocurrency
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