Quote from: SixOfFive on December 06, 2017, 09:00:37 PM

Quote from: Thanasis on December 01, 2017, 02:51:06 PM

Quote from: GAUMZEE on December 01, 2017, 01:56:16 PM

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.

Don't give false statement on the forum...try to do a handful research before posting.
BTC is never been legal in INDIA, still indian govt. is unable to take any firm decision on crypto-market. Recently Indian finance minister states that they do not recognize BTC as a legal tender (though its not illegal to hold or trade it). Even Reserve Bank warned investors about BTC in a informal tone.
So BTC legality is not clear in INDIA but soon a firm decision will be made by indian govt on its regulation and trading.

Hmm... what you have posted is closer to the real ground situation. And from what I have heard, the Indian authorities are closely monitoring the crypto usage within the country, especially after the trading volume surged during the demonetization drive. Currently they are compiling the database of traders with significant volume. But there is nothing to worry about.