Federico
Sat Jun 08 2024
|
6 answers
1076
Is crypto illegal in India?｜Is Cryptocurrency In India Legal or Not? . There are no rules and regulations or any guidelines laid down for settling disputes while dealing with cryptocurrency. So, trading in cryptocurrency is done at investors' risk.Cryptocurrencies as a payment medium in India are not regulated by any central authority
Is it true that cryptocurrencies are illegal in India? I've heard conflicting information about this. Could you clarify the legal status of cryptocurrencies in India? Are there any specific laws or regulations governing their use? It seems there are no clear rules or guidelines for resolving disputes related to cryptocurrency transactions. So, does this mean trading in cryptocurrencies is solely based on investors' risk? Additionally, are cryptocurrencies recognized as a legitimate payment medium in India, or are they unregulated by any central authority? I'd appreciate it if you could provide some clarity on these matters.
