Post
Topic
Board India
Re: Is Bitcoin illegal in India?
by
btvGainer
on 10/03/2016, 20:19:48 UTC
recent news articles suggest that Indian Police specially Delhi Police suggests that Bitcoin trading is illegal in India. What are your views guy?
its not cleared yet that bitcoin is legal or illegal yet.and for trading i will say bitcoin trading is not illegal in any way because every thinks rate depend on its demand and supply like gold.so buying gold and selling at high price is also illegal?
Bitcoin is not consider illegal because of it unstable price but because it is a parallel currency.No government can allow a currency not under its direct control and that is the reason why many consider bitcoin illegal