Post
Topic
Board Legal
Re: List of court cases, complaints, regulatory actions, etc.
by
Bitcoin_baba
on 02/10/2017, 12:40:25 UTC
Legality Status of Bitcoin in India

In India bitcoin is not illegal but the controlling Reserve Bank of India issues warning instructions regarding bitcoin investment on regular intervals. The officials said that the Central bank is not comfortable with cryptocurrencies and they may regulate it in near future.

There are no instructions regarding the legality of bitcoin mining activity, but the regulations can be issued in near future. There are some news that government may launch its own cryptocurrency.

Source: https://finasko.com/question/bitcoin-mining-legal-india/