Topic: Crypto Now Legal In India? - page 4. (Read 1346 times)
Earlier in March, Indian Govt & RBI officially announced cryptocurrencies are legal in India. So, most crypto traders are interested in investing in cryptocurrencies. But, they need no centralized authority or middle man. If you are the entrepreneur who wants to invest your capital in Cryptocurrencies, this is the right time to forward into the crypto marketplace. If you want your exchange more familiar like Coinbase, I would like to assist one such Idea, that is starting an exchange with INR based, so you can easily sell more cryptocurrency because of the popularity of India. In the future, you will become the heavy competitor of all the popular cryptocurrency exchange platforms.
Blockchain advocates have hailed the recent Indian Supreme Court’s pro-crypto ruling as a landmark for adoption and development. Now, new forces are emerging that seek to put the brakes on India’s rapid embrace of cryptocurrency. What do you think about the future of crypto in India, guys?
the future of the cryptocurrency in india may be become a positive and very bright because we all know that cryptocurrency may help the economy of the country because of this ability to transform in many method and fields and maybe the india saw the positive and bright future of cryptocurrency to the country so that they will be able to adapt it except it eventually.We're just hoping that the side of the engine become a very awesome and which the cryptocurrency will be legalized on them.
Blockchain advocates have hailed the recent Indian Supreme Court’s pro-crypto ruling as a landmark for adoption and development. Now, new forces are emerging that seek to put the brakes on India’s rapid embrace of cryptocurrency. What do you think about the future of crypto in India, guys?
Is this really true? Someone posted here and I can't find it now that this is still being talked by the government of India. In terms of its future, I think it would be good since India is one of those countries that supports Mobile payment. With bitcoin, I think India would love using it.
Today become bad moment for cryptocurrency after faced with Corona virus and make bitcoin and many altcoin going down to lower price, I don't know why without bad news bitcoin suddenly going down to lower price and crash more than 30%.
We can't really say that this pandemic is affecting bitcoin. There are a lot of other reasons why the price fell and that is not because of it.
Today become bad moment for cryptocurrency after faced with Corona virus and make bitcoin and many altcoin going down to lower price, I don't know why without bad news bitcoin suddenly going down to lower price and crash more than 30%.
That was a great move by india legalizing crypto in their country it really help the cryptocurrency adoption, following india I think south korea also making the same move. I am seeing most indian base project are also making some noise right now.
It is a good decision but I can still remember when they banned it.
I don't know what changed their mind but as far as I know, this is still not completely true? There are still those articles that say it is still being talked about and still not finalized. If this is now true though, I can say that there are a lot of good things happening with Bitcoin and other cryptocurrencies, despite the dump, it will keep on getting better.
Although I am not a citizen of India, but I am very happy to hear the news that the country of India finally legalized cryptocurrency.
Actually I am not surprised that the state of India will legalize cryptocurrency, because indeed the number of Indian citizens has
cryptocurrency includes many. Even the number of bitcointalk forum members is a lot of Indian citizens, and after the government
India legalizes cryptocurrency I am sure the development of cryptocurrency in India will be more rapid.
Actually I am not surprised that the state of India will legalize cryptocurrency, because indeed the number of Indian citizens has
cryptocurrency includes many. Even the number of bitcointalk forum members is a lot of Indian citizens, and after the government
India legalizes cryptocurrency I am sure the development of cryptocurrency in India will be more rapid.
Blockchain advocates have hailed the recent Indian Supreme Court’s pro-crypto ruling as a landmark for adoption and development. Now, new forces are emerging that seek to put the brakes on India’s rapid embrace of cryptocurrency. What do you think about the future of crypto in India, guys?
If that's the case then it was a really good news for us. The legalization of cryptocurrency in India will be a good help for all of us in order to convinced more countries to adapt and promote the legalization of cryptocurrency to their country, I am just hoping if this happening will have a great impact to the marketplace of the India or the economic rating of the said country. 
Its a crazy world that the market reacts differently while countries are not legalizing crypto. Would there be a possibility that India will also be releasing their digital rupee?
Although Cryptocurrency have been legal in India many community and institution want to banned bitcoin as legal payment and transaction bitcoin there, they have try to make justice law with bitcoin to review for legalizing of bitcoin transaction and try to banned bitcoin in India.
Not really, only some oppose this. Yes not all are favor with the court rule but as you can see, crypto wins and the supreme court itself announce their support to it. To be honest, this legalization proves that crypto can indeed be legalized on other country like what happened on South Korea and France. In my opinion this initiative will be follow by other countries if not now later on. The market is collapsing while we keep seeing covid19 to be the reason. Its very crazy actually that it took months already yet there is no cure for this corona virus. Maybe its not going to stop until countries will all legalize crypto and turn to cryptocurrency after all the banknotes are collected.
Although Cryptocurrency have been legal in India many community and institution want to banned bitcoin as legal payment and transaction bitcoin there, they have try to make justice law with bitcoin to review for legalizing of bitcoin transaction and try to banned bitcoin in India.
Not really, only some oppose this. Yes not all are favor with the court rule but as you can see, crypto wins and the supreme court itself announce their support to it. To be honest, this legalization proves that crypto can indeed be legalized on other country like what happened on South Korea and France. In my opinion this initiative will be follow by other countries if not now later on. 
Although Cryptocurrency have been legal in India many community and institution want to banned bitcoin as legal payment and transaction bitcoin there, they have try to make justice law with bitcoin to review for legalizing of bitcoin transaction and try to banned bitcoin in India.
Not really, only some oppose this. Yes not all are favor with the court rule but as you can see, crypto wins and the supreme court itself announce their support to it. To be honest, this legalization proves that crypto can indeed be legalized on other country like what happened on South Korea and France. In my opinion this initiative will be follow by other countries if not now later on. I can see it from another different approach.
Cryptos are legalised in South Korea and recently the government encourage people tu use crypto for paiement to maximly avoid body contact that helps Corona virus to spread. the Bank of England advises people to wash their hands after handling money because it can hold bacteria and viruses. So it's adviseble to set a contactless system for regular paiements. Nothing but the technology can help in this case .
It's maybe another initiative from India after the news that the virus can be transmitted by money touch.
I read that already in other threads here and I am still surprised that it isn't legalised before in SK, judging that it is almost like it is a developed country as Japan so I expect that it is widely used there by now.Cryptos are legalised in South Korea and recently the government encourage people tu use crypto for paiement to maximly avoid body contact that helps Corona virus to spread. the Bank of England advises people to wash their hands after handling money because it can hold bacteria and viruses. So it's adviseble to set a contactless system for regular paiements. Nothing but the technology can help in this case .
It's maybe another initiative from India after the news that the virus can be transmitted by money touch.
Somehow I see the current outbreak also as an angle of why we're getting many legalization lately, but on the other side of my thoughts, Fed is also quarantining money to avoid the spread of the virus though.
I wasn't aware that there was a massive ban of Bitcoin in India?
I thought it was all legal since it was first introduced?
I mean, I saw a lot of Indian people who are crypto enthusiast, investors, and some even have projects. I saw Indian people talking about Bitcoin and other alts on YouTube.
Anyway, these legalization will surely give positive outcome for the investors and project developers in the country. I'm just not sure whether it will give good impact to Bitcoin's the current price trend today.
I thought it was all legal since it was first introduced?
I mean, I saw a lot of Indian people who are crypto enthusiast, investors, and some even have projects. I saw Indian people talking about Bitcoin and other alts on YouTube.
Anyway, these legalization will surely give positive outcome for the investors and project developers in the country. I'm just not sure whether it will give good impact to Bitcoin's the current price trend today.
Cryptocurrency legalization in India has a great impact in their country. As we go back from the years where in Indian Government are against on it, a lot of projects that were developed and organized by Indians turned into a failed projects and some are totally SCAMS because of it's Government unwanted issues.. It really were painful for them to be so called SCAMMERS even if they weren't the ones who made the problems.. And as they legalized it and one project stands to it's purpose of introducing CRYPTO in their country, MASS adoption will come on their way.. People now will start to accept and to understand how crypto really helps today... Congratulations India.. Welcome to Crypto market...
India actually includes technology in the country that is updating itself with very rapid development with that technology. so it should be appropriate for the state to accept crypto and legalize it. I agree with you from many projects that a scam, is better the government can manage it well so that not many are abusing it.globally means crypto has increased recognition from the country, this is a very good prospect for crypto itself.
Cryptocurrency legalization in India has a great impact in their country. As we go back from the years where in Indian Government are against on it, a lot of projects that were developed and organized by Indians turned into a failed projects and some are totally SCAMS because of it's Government unwanted issues.. It really were painful for them to be so called SCAMMERS even if they weren't the ones who made the problems.. And as they legalized it and one project stands to it's purpose of introducing CRYPTO in their country, MASS adoption will come on their way.. People now will start to accept and to understand how crypto really helps today... Congratulations India.. Welcome to Crypto market...
One of the most secured transaction today is the use of cryptocurrency and many people are using it because they know it is faster and does not need too much verification most of the users today are widely spreading the use of it and one of the largest countries today are now using it before China next is south Korea and finally now the India those country are one of the most profitable countries that wants to make more adaptation with the use of money and transferring funds and that was great news to all of us because there are many people today now are making a huge contribution into the field of cryptocurrency but still there are some restrictions about their funds like just limiting the transaction to avoid scamming, and hacking.
I am seeing most indian base project are also making some noise right now.
I think this is expected. India un-banning the use of cryptocurrency will definitely have a positive impact on crypto people and would surely develop more projects for the crypto community. I just wish it isn't a copy cat of what we had in the past years. I'm really tired of looking for projects who only turn to a shit coin after some time.
Cryptocurrency legalization in India has a great impact in their country. As we go back from the years where in Indian Government are against on it, a lot of projects that were developed and organized by Indians turned into a failed projects and some are totally SCAMS because of it's Government unwanted issues.. It really were painful for them to be so called SCAMMERS even if they weren't the ones who made the problems.. And as they legalized it and one project stands to it's purpose of introducing CRYPTO in their country, MASS adoption will come on their way.. People now will start to accept and to understand how crypto really helps today... Congratulations India.. Welcome to Crypto market...
Blockchain advocates have hailed the recent Indian Supreme Court’s pro-crypto ruling as a landmark for adoption and development. Now, new forces are emerging that seek to put the brakes on India’s rapid embrace of cryptocurrency. What do you think about the future of crypto in India, guys?
IMO India is one promising place for Crypto,aside from being one of the largest country and population also Indians wealthis enough to stay and support cryptocurrency specially not for today but for their future.this is a Big market for Bitcoin specifically
having their Big movie industtry Bolliwood and Gold capital also?maybe in time people will consider Holding Bitcoin than Gold for much safer investment and for longer term profiting.
True, the higher levels in India got a lot of wealth, enough to support their investments on cryptocurrencies.
Blockchain advocates have hailed the recent Indian Supreme Court’s pro-crypto ruling as a landmark for adoption and development. Now, new forces are emerging that seek to put the brakes on India’s rapid embrace of cryptocurrency. What do you think about the future of crypto in India, guys?
For the benefit of those that would like to get a direct link to the ruling of the supreme court against the ban placed by the Indian reserve bank on crypto, here is the link https://www.coindesk.com/indias-supreme-court-lifts-banking-ban-on-crypto-exchanges . As far as india is concerned crypto has come to stay in that country. Yes the forces against crypto are still fighting back the ruling as the reserve bank is preparing to file a review of the supreme court ruling (https://www.theblockcrypto.com/post/57987/indias-central-bank-plans-to-file-a-review-petition-on-supreme-courts-crypto-ruling-report). One thing is sure, Crypto always win. Blockchain advocates have hailed the recent Indian Supreme Court’s pro-crypto ruling as a landmark for adoption and development. Now, new forces are emerging that seek to put the brakes on India’s rapid embrace of cryptocurrency. What do you think about the future of crypto in India, guys?
I'm happy if the country of India has adopted Bitcoin or is already illegal there because it is a developed country and I'm sure it will make Bitcoin more quickly popular there. we don't know about the future and I think crypto will increasingly develop in India. I think that's possible. I hope my country too will soon be able to legalize crypto. Will other country allowed for make bitcoin become legal transaction in their country? I think best way when bitcoin have been legal payment currency transaction because give more opportunity to get much profit when bitcoin going up and take us most easy when make transaction to all countries in the world.
I think it also takes time for other countries to permit bitcoin in their own country, especially as a legal payment tool, and this is still polemic, there are also some who oppose it, so that bitcoin is still above reasonable
For in India this news has been circulating a few days ago so there have been many positive appearances for those who heard it, especially in the last few with the rise in bitcoin I think that's quite positive.
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