India is not Banning Cryptocurrencies ,Stop this FUD.
Speaking about cryptocurrencies, Arun Jaitley, the Finance Minister of India, just concluded the announcement of India’s 2018 budget, where he said, and we quote,
““The government does not recognise cryptocurrencies as legal tender or coin and will take all measures to eliminate the use of these cryptoassets in financing illegitimate activities or as part of the payments system,” Jaitley said.”
He further went on to say that the government will keep exploring working on the blockchain technology.
More and more fud come...hope market recovery soon..