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Ajlovez7

India on Cryptocurreny Ban!!

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People nowadays, are not all familiarized on what is  crypto currency, but for most online users and crypto-enthusiast, of course are already very familiar with different kinds of coins, that booms and later becomes popular. In India safety must comes first, and I hope that it will soon calm the issue on cryptocurrency ban at India.

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13 hours ago, Lubruselu said:

I don't have sure if it is rumors or it is really that's cryptocurrencies have been banned in India, but I've heard some of news others says it is banned and others says it is allowed

Sure that's is really confused us, because others are said that's it allowed but others are said that's it is banned, but I think Indians in this forum might give use really news


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On 11/3/2019 at 12:02 PM, Ajlovez7 said:

Will India Ban cryptocurreny or Regulate cryptocurreny soon??

This topic down below is a proof that crypto is regulated in india.

 

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Just hearing the rumors of it that india on cryptocurrency ban but if the truly do it they need to think I t twice I think cuz many people earning are depending on it

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No country can prohibit cryptocurrencies, but using them inside their territories is illegal and punishable by law, and I think India is not considering banning cryptocurrencies


THINK POSITIVE

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I think it will still be the same as other countries, which is not prohibiting, not also legalizing. so, at the moment crypto is still in a safe condition but also slightly threatened. but I think sooner or later all countries will be able to open up to accept crypto, including India.

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

Will India Ban cryptocurreny or Regulate cryptocurreny soon??

I think in 2018 India crypto as illegal in their country but didn't banned it. Because no one has the power to bann crypto. It's totally decentralized. Also no once control it. As i saw i think India will regulate crypto into their country.


 

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This is not a good news for Cryptocurrency users. This things is very bad . I am also heared this news that Indian government banned bitcoin from their country.

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I don't know if crypto currencies are banned in India.  Because I am not a citizen of India.  I'm sorry that I can't give you any information about this.  I am a citizen of Bangladesh  If there was a topic on Bangladesh's crypto currency, I would certainly have given you information.

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Actually I don''t see why India will ban cryptocurrency because their plan if i may suggest is to get their own coin and it will definitely be a cryptocurrency so am not sure they can do without it anyway. 

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20 hours ago, noor job boy said:

This is not a good news for Cryptocurrency users. This things is very bad . I am also heared this news that Indian government banned bitcoin from their country.

Especially the Indian citizens they will find it difficult actually not to be using cryptocurrencies.

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Why India has ban on cryptocurrency, if India banned cryptocurrency, then they would be very disappointed because cryptocurrency is the only currency in the world, which operates in all countries.

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59 minutes ago, Roghani said:

Why India has ban on cryptocurrency, if India banned cryptocurrency, then they would be very disappointed because cryptocurrency is the only currency in the world, which operates in all countries.

Dollar also operates in all countries, but not all countries in reality uses dollar for daily exchanging, that is why the emergence of crypto.

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I thought india accepted already the crypto currency. That is really dissapointed because India is a 3 world country we all know that the country is facing a lot of financial problem. So if they accepted crypto i think there is a chance crypto could help them in many ways.

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

Will India Ban cryptocurreny or Regulate cryptocurreny soon??

It is a big uncertainty have been created in india and its surrounding countries also. But it should be allowed to use crypto currencies whether with regulations or without regulations.

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I think people in India work on cryptocurrency, but they believe low because half of them believe it. That is why one cannot think of the future from cryptocurrency so it cannot be sure in India.

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It's sad if that's happen, well as we all know some country also still not adopting cryptocurrency it's because some governments don't want it's system, they want to control the flow of money and crypto is decentralized and no one can control it and they don't want it because governments need to observe and control the flow of money.

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Some countries now oppose blockchain technology and decentralized applications but soon they will understand that they need this technology to handle their transactions using smart contracts and processing payments will be very easy using cryptocurrencies.

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I ask myself, why would india bann crypto currency, this is one of the best country to develop especially with technology that india has been trying to get itself up in that kind of its own source we have to really work hard for it its all in that kind of a market we know that is well developed in such site. india is very advanced and should avoid blocking it, but I think there is a lot of fear

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India is a smarter country to take this step! India is a developed country, especially in the field of informatics. I think they should be the first country to recognize the encrypted currencies!

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For the sake of Bitcoin (also called "Mining"), individuals will unlock new Bitcoins.
Locking system. Every time a separate update of Bitcoin

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A virtual ban on crypto currency trading was established in April 2019. When the reserve Bank of India (RBI) Issued a notice to all banks in India that to stop dealing with any kind of crypto currency business.but for now peer to peer trading of virtual currency remains leading in india

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

Will India Ban cryptocurreny or Regulate cryptocurreny soon??

Will India Ban cryptocurreny or Regulate cryptocurreny soon

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I see that this topic is from December 2019, yes before I have already heard many news and information about cryptocurrency in India is banned, but in this year I think India regularized cryptocurrency on their country.

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1 hour ago, Jahirul528 said:

You posted this post in 2019 and it is 2020 now.. I have heard in a post last month india has declared that crypto is legal in india.. So there is no way to ban.. 

The bank of India still against cryptocurrencies but they are not above the law a the court of India legalized it few weeks ago, crypto trading has started. 

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