India on Cryptocurreny Ban!!

[teebasas 3018]

There is no country that has officially announced acceptance of digital currencies. India also, like other countries, ban cryptocurrencies but I believe in the future these countries will accept it and the use of digital currencies.

[KHALED ADWANI 1216]

I think India will move towards regulating the status of cryptocurrencies, making them legal and available to all
India has a strong and diversified economy, and like the rest of the strong economic countries, if you do not allow this, you will fall behind them a lot and may cause adverse effects on the Indian economy.

[bogdanoff 3173]

Bitcoin is not banned in India anymore. What remains is the final decision on a law that allowes Bitcoin as still most restrictions are in place since many banks don't deal with crypto projects like exchanges in the Indian country. 

[Amna Hareem 1213]

On 11/3/2019 at 2:02 PM, Ajlovez7 said:

Will India Ban cryptocurreny or Regulate cryptocurreny soon??

Dear I think it will soon solve this and it should unbanned it. I am not an Indian but I wish that it should solve this problem because many people want to work here and also want to earn a good amount so government should resolve this issue and should promote this because it is the age of online work and by online working many people are earning money so their people also want to do this. I can just wish for it.

[Nupeboy 627]

Yes to my own observations am definitely sure that India will try all their best to ensure that they move crypto currency and bit coin forward so I don't think India will ban crypto 

[HadiLord 926]

It would be disappointing to take this step from India, although I read in one of the topics here that India intends to launch its own cryptocurrency, so it would be strange to ban the rest of the cryptocurrencies and not facilitate dealing in them.

[Zulqar1122 98]

Government did not follow the rules of blockchain even also not blockchain . .

[Alix188 585]

So far, India has not formally supported cryptocurrencies, and I think that all governments fighting crypto will regret in the future that they will lose millions of dollars when the new financial system led by Bitcoin is implemented.

[Pereira 2303]

There was a lot of dispute in the world regarding this, since India accepted cryptocurrencies in this country without prohibition of anything, much less the regulation of these assets, but just after the acceptance they made a change of government and ruined all the cryptocurrency plans, once again banning their trade in this country, but today's sun I have no information about what could be happening at the moment, if they accepted and regulated or declined this acceptance in the country. Cryptocurrencies are a dilemma.

[piuri01 446]

Apparently they will ban it, but let's hope that doesn't happen, because currencies help the country's trade, and virtual currencies can help citizens to have a better quality of life.

[hghadeer611 689]

In fact, we all hope that all countries allow cryptocurrencies, because this will help raise the prices of these currencies by increasing their spread and increasing the demand for them.
Hope this is soon.

[Ameralsamt 2558]

My dear, India has banned encryption and everything related to it, but it has finally backed away from this and has become supportive of encryption and cryptocurrencies, it is really great and deserves a lot of attention from us, and the Indian people are keeping up with digital development. 

[Ayesha Qamar 0]

On 11/3/2019 at 2:02 PM, Ajlovez7 said:

Will India Ban cryptocurreny or Regulate cryptocurreny soon??

Dear mate once i read a news about it in which they were telling that soon india will ban Cryptocurrencies. It was due to huge loss in their economy. That is why they are thinking to ban Cryptocurrencies. And i think it will happen soon.

[Maria karam 667]

I think that this depends on the government's idea about cryptocurrencies, and if it opposes its interests or not, but even if it banned cryptocurrencies, it will not be able to impose censorship on all its members and prevent them from dealing in cryptocurrencies.

[Farry 826]

india has not put any ban on crypto because as far as i know there are many indian traders on this forum and i have met a few more on binance telegram group.

[Merry Cherry 670]

Yes, tere are many countries in which thw government has banned the crypto currency And they declared as illegal but they are doing work by using vpn and earning money. Some of the countries removed they banned and declared legal. 

[dlal88 725]

Dear India did not accept encrypted currencies despite the positives of using them in the near future by this people as I heard that India has banned Bitcoin currencies and I believe that India will not prevent dealing in encrypted currencies in but who may take strict security measures and put in place laws and controls for its control over  These currencies are not out of management

[Amer sada 133]

I think that Bitcoin cannot be banned permanently in any country, but India may not want Bitcoin to be traded in banks, and it does not want all Bitcoin transactions to spread, perhaps it wants to limit it.
Indian citizens can still deal in cryptocurrencies, but they cannot be exchanged for the local currency, the Indian rupee, but rather they must be converted into another currency such as the dollar and then converted into the local currency, rupees.

[Nazeer Ch 25]

I think it would be time for India as their alternative payment mechanism to embrace cryptocurrency, since I know India has technology expertise and I feel it's the perfect time to introduce crypto-currency concepts

[JawadAhmad 301]

Dear I do not know about this that India ban crypto or not because I am not leave in India but I search it about in google I read in india crypto is illegal but there are lot of peoples who use cryptocurrencies' in india and their use of cryptocurrency rate is very high.

[Ashii 258]

Dear these are all decisions of government either they are willing to deal with cryptocurreny or going to ban it. But I think india will never ban cryptocurreny as their citizens are practicing trading and investment in it and are making a good benefit out of it.