Re: Would it be legal to create new crypto?

Quote from: Sharma on August 22, 2016, 10:07:58 AM

I am from India and bitcoin is not illegal here nor it is regulated.Reserve Bank,the central bank,says it is still watching bitcoin revolution www.indiabitcoin.com/reserve-bank-of-india-governor-raghuram-rajan-speaks-about-bitcoin/ .
My question is if I create a cryptocurruncy (Some new Alt coin),will I be doing something illegal? Can I be put behind bars for creating a parallel currency,if it gets widely accepted?

no one forbids the creation of new coins depending on each country as you discuss India making new coins on its own and not just in India China has also started making its own coins and if there is anyone who forbids and on what basis the country is prohibited.