India should legalise cryptocurrencies?

[Wilmer Garcia 0]

This would be very helpful for the inhabitants of that country as they would have the opportunity to learn about cryptocurrencies and work to improve their situation I really like this news 

[TimopheyKa 3900]

I think this would be an interesting option for India, because the country is located next to China, and China is actively developing the blockchain system, and of course, India could unite with China in this regard, and actively promote it!

[ufuk77 4]

on the leaglity of bitcoin . kapooor stressed that ! there is no prohibition on cryptocurrency and poined out that the only crypto ban waS  the banking ban imposed ny the central ban of india (rbi) and the supreme court Revoked İN March .

[galataapustina 36]

It is acceptable to realize that they are currently adjusting to the utilization of crypto and blockchain on their nation, it implies that they needed to improve the method of exchanging and exchange on their nation, it is a truly uplifting news for their nation particularly to their residents.

[candyguyyy 43]

Not only india should that but all countries must to do

[satella17 65]

On 11/9/2019 at 3:55 AM, Neerbhay24 said:

India should legalize & regulate cryptocurrency as recently there prime minister modi has said that they will encourage blockchain technology. Also Reserve bank of india will start its own cryptocurrencies. 

I hope that other countries will follow your example and support crypto coins to increase their value 

[Maria Hortensia Rojas Alviarez 31]

It is good news for the people of India who want to overcome their difficulties to get ahead in the global economy.

[arthur3 30]

It would be good because India has a very large population although having cryptocurrencies is prohibited in India, but this could change, as an interdisciplinary committee advocates the legalization of Bitcoin.                

 

                                                                                                                                                            

[jorgeDV006 93]

The situation in India remains uncertain and its future in the crypto world is not clear, Hindu government officials discuss a bill that could censor
commerce across the country. Crypto referents from all over the world are pressuring the
Indian authorities through their social networks to review their decision.

[Banito23 216]

Many countries have refused the adoption of cryptocurrencies, not only India. The reason for that, is ignorance of the work of blockchain. But that is normal, soon I believe, all parts of the world, will embrace cryptos and discover the efficacy of adopting blockchain.

[Chysom20 30]

This is good news for Indians, and a big boost in crypto adoption around the world. When implemented, Indians will no longer be using the back doors to buy cryptocurrency. 

[glyk85 166]

I think the better action would be other country should legalized cryptocurency as well, not only India. Because cryptocurrency users are not only from India, but all over the world. But it's not an easy thing to make them legal or something. Governs have a lot to think before making them legal.

[annayks 2314]

It is up to the Indian governemtn to either go with progress and the profit of their citizen or go against them and not allow anyone to escape poverty and the failures of the fiat government printed money. I have hopes but lately they are reduced a lot for India as they still trying to ban crypto.

[yonnitox3 4]

Open interest in Bitcoin options reached its all-time high of $ 2.14 billion on September 24, a day before a huge quarterly expiration of 89,100 contracts, that is, 47% of the option contracts in existence at the time. Options are derivative contracts that give the holder the right (but not an obligation) to buy or sell an underlying asset at a predetermined price, also known as the "strike price."

 

 

 

 

[percare 3192]

On 11/9/2019 at 11:55 AM, Neerbhay24 said:

India should legalize & regulate cryptocurrency as recently there prime minister modi has said that they will encourage blockchain technology. Also Reserve bank of india will start its own cryptocurrencies. 

India is in a state of decisions and there are recommendations of banning crypto once again but I think that this time it will not just put a ban as in the previous years but take into consideration everything that it for the best of the country and the 1,4 billion people.

[zhoutong 2188]

I think that India will decide correctly and allow cryptocurrencies to be accepted as payment method inside the borders and not make the mistake to ban trading or use of crypto but promote it along with blockchain.

[VijithaVarghese 1994]

This is an amazing platform for the Indians as the act of cryptocurrency will be legitimate for them . India is one of the best countries who are good with the finance field. I really hope a lot of successful people engage in this and make the forum amazing.

[Mir Hamza 2888]

My friend also shared his good information with us that if it happens that it will be very beneficial for the people of India. If cryptocurrency becomes fully legal in India, then it will be very beneficial for the community of India, so that they will  be able to earn much money. If this happens then it will be very beneficial for the cryptocurrency because if India has a large population, then many people will join the cryptocurrency, which will make the cryptocurrency platform even more popular. But as you said that Narendra Modi has encouraged blockchain technology as very good, then I think there will be a chance of cryptocurrency to full legalized there.

[Fixfin 2569]

India should not be late with this decision and needs to adopt Bitcoin and more cryptocurrencies fast. This is not something to play with the future of their citizens and leave them in poverty by not adopting a simple technology in money that will help everyone have a better life.

[Guru2050 8284]

Any given country who is yet to officially adopt and implement the use of crypto currency to me I will say it's left behind in diving age to age with latest technological means of making global transactions of interesting and amazing features suitable and profitable. It's a system capable of strengthening, boosting and improving the economic situation of such given nation

[Alex9876r 1408]

Now its neighbor, Iran, its central bank is buying and investing bitcoin India is one of the country that is very interested in the informatics and technology sector and I think there will be great steps in legislating the use of cryptocurrencies, as this will reduce the burden on the Indian government and will contribute to raising the level of per capita income in that vast country.

[Alimhana930 1605]

Given the situation of India and the level of income of the individual in it, the legislation of the use of cryptocurrencies can contribute to raising the level of income through trading, for example, and also help the government to reduce the costs of producing fiat currencies. And help banking systems to reduce fees and disbursements in general in its dealings.

[yonkii 3205]

It is good news for India wanting to be open and allow to more than a billion people to be part in the cryptocurrency world. I think it will help everyone, both India and the crypto market with a positive decision that will end all the speculation around possible bans and restrictions.

[bogdanoff 3173]

I agree as blockchain technology will be so important for India and they can't just regulate against cryptocurrencies that are based on it. India is an industrial country with resources and manpower that cryptocurrencies can help with creating better and more modern economy.

[Sykkuno 2887]

India is a good economy that is developing in rapid terms and adopting technology development even faster. I expect this country to have good infrastructure soon at least in the big cities and also lead in adoption of cryptocurrencies which will help all the country survive difficulties and become competent and healthy.