Martino
Sat Jun 08 2024
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7 answers
1609
Is crypto legal in India?｜, but the regulatory framework is still evolving. In 2018, the Reserve Bank of India (RBI) issued a circular that prohibited banks and other regulated entities from providing services to businesses dealing with virtual currencies.Cryptocurrency trading and investment are legal in India
Is cryptocurrency legal in India? This is a question that has generated a lot of buzz in recent years. The answer, in essence, is yes, but with certain caveats. While cryptocurrency trading and investment are legal in India, the regulatory framework surrounding it is still evolving. In 2018, the Reserve Bank of India (RBI) issued a circular that prohibited banks and other regulated entities from providing services to businesses dealing with virtual currencies. This caused a stir in the crypto community, but it didn't outright ban cryptocurrencies themselves. Instead, it restricted the means of accessing and transacting in them. So, while crypto is not explicitly illegal in India, the regulatory landscape is still shaping up, and investors and traders need to be aware of the evolving policies and potential risks. This makes it important to stay updated on any new developments in this area, to ensure compliance and safeguard your investments. After all, understanding the legal framework is crucial for anyone looking to navigate the crypto market in India.
henry_harrison_philosopher
Sat Jun 08 2024
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5 answers
858
Is Coinbase still in Canada?｜and we continue to work with regulators to create a regulatory framework that fosters innovation and prioritizes consumer protection. Building for Canada, in Canada to provide a seamless experience for Canadians.Coinbase is committed to Canada
Is Coinbase still operational in Canada? Given that Coinbase remains committed to Canada, do they continue to offer their services to Canadians? I'm also curious, how does Coinbase work with Canadian regulators to establish a regulatory framework? It seems like they prioritize innovation while also ensuring consumer protection. Can you elaborate on how they aim to provide a seamless experience specifically for Canadians? Their dedication to Canada is evident, but I'd like to know more about the practical aspects of their operations in our country.
