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India Plans To Introduce Law To Ban Cryptocurrency Trading from gumlet.assettype.com The reserve bank of india had cautioned the users, holders, and traders of virtual currencies (vcs), including bitcoins, about the potential financial, operational, legal, customer protection and security related risks that they are. India's virtual currency iamai is looking forward to working jointly with the rbi and the government on a constructive policy framework for cryptocurrencies in india, it said in a statement. With over 10 million indian investors investing in it, bitcoins are legal and enjoy tremendous support from a large and growing crypto community in india has come a long way in the cryptocurrency sector. Always make sure you follow the legal procedure to securely buy cryptocurrencies during a cryptocurrency exchange in india. Only a legal professional can offer legal advice and buy bitcoin worldwide offers no such advice with. And is cryptocurrency legal in india? Any exchange with a indian rupee trading pair will allow you to sell your bitcoin for fiat currency. But there are fears that the government may legally ban the virtual currencies being traded right now.
Is cryptocurrency legal in india?
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