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.

You really need to clear your facts before posting anything. And not only you I read many posts saying that India has legalized bitcoin. I live in India and how is it possible that I would not know about this!?!?? I mean after having read so many posts saying this, I myself got perplexed and checked for some recent update, but there is nothing like that. The concept of legality of bitcoin is quite vague here in India. The government has not expressly declared Bitcoin to be illegal and neither has it been declared as a legal currency. Also I would add on that no ban has been imposed on the bitcoin.

Of course the country is moving towards digitization and cashless but that does not simply imply country has accepted bitcoin or whatever.

Quote from: marielbeckham on April 29, 2018, 01:05:44 PM

But it seems to me that it is legal and illegal at the same time in this country now, isn't it?

There is nothing like that. Actually the status of the crypto currencies in the country will become clear nut with the advent of better policy framework in the country. the policy makers are yet not clear with what to do or what not to do. The scenario is ambiguous and therefore people are making such kind of comments.