Will India Release Its Own Cryptocurrency?

[Jimmy 437]

Just now, Moneykiller said:

its still banned to use or trade with ceyptos I don't think so India can make a coin themselves in crypto market.holefully government will allow cryptos and thus they will create coins too.

Yeahh really sad to hear that india government still banned cryptocurrency trading and use, I just hope some country that same with india will change the rules and follow other country that already making some progress on blockchain development on their country, So maybe we can see their own digital currency soon.

[Oxygen 1004]

On 12/13/2019 at 2:41 PM, Satya31 said:

I think it is possible in future. In recent days I also heard a news about it from a very pronounced source. And if it happens that will be very great decision. 

I dont think so. currently India would not do such things in near future. as per economic and public condition its hard to take a decision like this. 

[Idrisaboki 0]

It probably India may realise. But d is India is country that have a lot of rule and their are so good in term of technology

[Satya31 865]

6 hours ago, Oxygen said:

I dont think so. currently India would not do such things in near future. as per economic and public condition its hard to take a decision like this. 

It is hard to do so but think about what india is doing. There may be very much population instead of that they hold their economy at a good place. Nowadays officials of India is starting a course on blockchain technology. If they do not intend to release crypto why do they do that. The release of crypto may increase Indian economy more. 

[Sumayya 493]

On 12/17/2019 at 7:31 AM, Tanmay Parab said:

I think yes , definitely it's possible and I think that the big investors in India had already started working on it , and within a year or two we can definitely see india coming up with its own cryptocurrency

Yes if they accept crypto they will develop their own coin just like what china are about to do

[andrehol 16294]

Any national cryptocurrency will be issued and controlled by the state! Why is it needed? To control the finances of the population? In the world there are enough independent, anonymous cryptocurrencies.

[Badhon420 126]

Asia is mostly a particularly giant countryside along with being extremely fast maturing employing electronically, I presume for long term future any time governing sustain all the crypto cash asia should unveil. Still i presume american native indians governing isn't going to sustain crypto cash for long term future additionally.

[Satya31 865]

2 minutes ago, Sweettiger said:

India can make their own coin in the future if their government will become open unto it which is cryptocurrency. But if their country is not open for digital currency, I guess its too impossible for it to have their own coin.

Still now any official announcement said that crypto is prohibited in india. The case is pending. Many says it has been banned but not. Now government of india offering blockchain course for free of cost. So this is a good sign. So o think it is possible in future but there will be some regulations as max coutry have. 

[Hans Ignacio 0]

I hope my country too..

[Sshill 97]

hi, I am not from India but I heard Crypto currency is not legal in India, If its true I dont think India will do it but India have potential to do it if government of India support crypto currency, but for now I have heard China is trying to introduce its own crypto.. if this happen I think other countries will also start this trend in next few years...

[Luciferludz 1442]

If they allow the uses of cryptocurrencies in their country it means that's they are interested on cryptocurrency and they see its benefits so they can launch their crypto

[Syed Rehan 231]

I think it is possible in the future. Because India have been legalized cryptocurrency in its country. India is a big country growing digitally. So there many chances that India will release its own cryptocurrency.

[Tasrif Hossain 271]

I think India is going to launch their own crypto currency in the near future as it will keep the value and value of their own coins, and if their people do their job, they will be able to benefit a lot in this regardThat is why I think in the future when the cryptocurrency will become completely in the market, India itself Launches cryptocurrency

[Jessica Karren 1242]

Yes it is possible in future they are doing some work regarding legalizing crypto and there is a possibility in future they will launch there own crypto currency

[duncun007 3577]

2 hours ago, Shahadatbd said:

I think India should release there own currency. Because lots of potential Crypto lovers living in India. They are working in others crypto project. So they should make there own centralised currency.

but this would take so much money to invest and how it will be used worldwide, its very difficult thing to do and to manage in the future as they will deal with hackers.

[Soaib khan 1035]

maybe in future india launch own crypto coin or crypto currency become legal in india lest see i hope crypto currency become legal in worldwide

[Suhannewaz 245]

Digital currency with India is not currently banned. A draft of the "Crypto-Money ban and the Official Digital Monetary Bill 2019," introduced last June, proposed a ten-year sentence for individuals mining, producing, owning, selling, exchanging, disposing, issuing or dealing in cryptocurrencies.

[Syed Rehan 231]

On 12/13/2019 at 5:50 PM, heelsibat said:

If india legalize cryptocurrencies, then it has a chance to create cryptocurrency. But I think they will not legalize it because of they can't control it and they can't adopt this to their economy.

The Indian government still working on the crypto currency . And they want to create their own coin. So, they also testing the crypto currency that it gives benefits to the community of India or not.And India is in the legalize Phase

[Sumayya 493]

5 minutes ago, golamazam said:

I think India will not release its own cryptocurrency. because it is possible when the indian govt support it, but there is no chance to accept the crypto.

They have no chance to accept Cryptocurrency, they have no interest in it

[Shahud 1319]

Yes there are chances of cryptocurrency be legalized in the india..and they will  aslo launch their cryptocurrency .and they will adopt the cryptocurrency in the future

[Great Commander 659]

If India take a step to relase one then people must know first the basics of it and government will be responsible for the announcements and making it possible to be legal throughout the country. 

[Mehak tung 18]

It's a good discussion for topic in the future.india making own your crypto currency most benefit on online money maker experts and help for cashless India 

[altcontact 34]

If the legalization of cryptocurrencies in India will happen. Then the next step is the release of your own cryptocurrency.
Another question is whether the current government of India needs to create its own cryptocurrency.
Without the interest of the authorities, the creation of a new cryptocurrency project is not possible.

[BitMart 326]

If they will do this then surely this could be one off greatest as they already leading world with software technology and they have some great minds those can lead world with their unique ideas India can lead world through this great technology but biggest factor is corruption and corrupt system which don't like things like this which help common peples and help them to grow with merit and good system.

[nicolas1234789 2566]

The prime minister agree to adopt blockchain technology but it doesn't mean India will release their own coin. Maybe they will use the technology to support currency activity, who knows?. I hope India never release their own coin because for this bitcoin can get negative impact.