Topic: Bitcoin Ban In India - page 5. (Read 2366 times)
As I heard there are even Blockchain training institutes in Mumbai. So I don't think that India will ban bitcoin or Cryptocurrencies. There could be some regulations. that's very normal.
They don’t like Indians trading in Crypto, hence they have decided to withdraw their support from all the organisations that are dealing in crypto.
Any one From India?
Is it true that Cryptos will be banned in India??
Do we have to Pay taxes to Indian Govt. For keeping Cryptos
Is it true that Cryptos will be banned in India??
Do we have to Pay taxes to Indian Govt. For keeping Cryptos
I hope that this news is not true because there are many people in India that wants to invest and trade in bitcoin. I think that we don't need to pay tax for Indian government because bitcoin is decentralized.
It is not just a country in India. I think most countries will soon begin to collect taxes on bitcoins. This is only a matter of time.
Any one From India?
Is it true that Cryptos will be banned in India??
Do we have to Pay taxes to Indian Govt. For keeping Cryptos
I have heard that already that government in India has banned the cryptocurrencies but for sure I'm not familiar with the requirements and what actually is Forbidden there, need to know more in case if it will happen in my country also. Is it true that Cryptos will be banned in India??
Do we have to Pay taxes to Indian Govt. For keeping Cryptos
False news i don't believe this false news, always i ignore this type of fake news. But Indian bank don't permit open trading system without permission of governments.
It may be that the country's foreign exchange will be consumed because it is very convenient to use Bitcoin, so a big country like India will be very worried about this factor.
A total ban is impossible, but the Indian government should enact measures to limit bitcoin trading.
I think that this is just the manipulation of the market. There were no official statements. Therefore, so far, everything is fine.
It is impossible for bitcoin to be completely banned in India. There are already many India IT engineers working in Silicon Valley investing in bitcoin, which is known to all.
As I know Still not confirmed it from the Indian government, Still under supreme court case, and not get a decision yet, It is a ban or not but there is some restriction,
Most of spread the rumours keep calm and be aware from the rumours
Most of spread the rumours keep calm and be aware from the rumours
I think Indian government do not ban bitcoin now, but the indian government says that they do not regard crypto as a legal tender and will try to remove payment by using coins like bitcoin.
I know from my friends that in India it is still relatively open to bitcoin, which is a relatively free country, and will certainly not be completely banned in the country of bitcoin.
"India's highest court has declined to end a ban enacted by the national central bank that bars the country's crypto exchanges from doing business with regulated financial firms".
Reference : https://www.coindesk.com/indias-supreme-court-continues-ban-on-cryptocurrency-exchanges/
The government of India may be worried about the risks in encrypted transactions, which are considered by many governments.
Bitcoin is not banned in India. It is not considered a legal tender. Neither is gold. You can sell your Bitcoins to an exchange in India or a person.
What we need to note is that India's encrypted currency exchanges are increasing, which will be a good trend, which shows that some prohibitions do not prevent people from investing in bitcoins.
As far as I know, there is no ban on cryptokrunning. The Finance Minister said in his statement that Bitcoin is not a legal tender but the Government of India has declared it illegal and the government welcomes BlockKen Technology to its payment gateway systems.
You will pay taxes on earnings via the Cryptoscope, it has been assigned a 30% tax and will pay taxes on it.
You will pay taxes on earnings via the Cryptoscope, it has been assigned a 30% tax and will pay taxes on it.
The leaders of the three leading bitcoin exchanges of India Unocoin, ZebPay and Coinsecure unanimously stated that the information that the crypto-currencies were banned in this country is false. yes, the government does not recognize bitcoin and other crypto currency legal tender and will take all necessary measures to prevent financing of illegal activities by means of crypto-currency payment systems, but representatives of the same stock exchanges report that in general the ban on crypto currency is not talking: the media simply misinterpreted the statement minister.
No , its not true.It is not banned in india. Court case is still pending.But till the next hearing the banks are not allowed to entertain any request of investor of exchanging bitcoin into currency.As per news 20th July is the deciding day.On 20th July the court will give orders and after that we can surely say that whether Bitcoin is banned in India or not.If again on 20th july the result gets postponed than present scenario will prevail and banks will not exchange bitcoin into rupees till the further orders.
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