Will bitcoins be recognized by the Indian Government ?
Bitcoins are already legalized by the Indian government just few months ago and most of the Asian countries are started to legalizing bitcoins after India made bitcoin legal in their country.The current president of India want to go cashless economy so they are encouraging all their countries in India.And If you want to buy bitcoins in Indian currency you can buy them st localbitcoins.com because one of my friend from India trading bitcoins through localbitcoins exchange and Indian traders giving us best offers for us than other parts of world.
Hey which country do you live in?? Whats the source of the information you are stating? Our Finance minister just said a few days ago that they don't recognize bitcoin as legal. Moreover just yesterday our central bank also stated the very same thing. India isnt saying its illegal therefore not banning exchanges but they are still not declaring it legal.