Post
Topic
Board India
Re: What is your view on 2018 about crypto in India?
by
cosmo1
on 07/06/2018, 16:20:23 UTC
2017 is a great year for bitcoin and altcoins. Cryptocurrency got a huge popularity through local main-stream media. Even negative feedback cause awareness about crypto which was unknown to many people. From the end of 2017 the whole market loosing it's value and there is no such development seen since two months. Zebpay and Unocoin both two major bitcoin exchanges now allow 4-5 altcoins to trade against INR. But still the regulation is as usual nothing changed since a long. What is your expectation? 
I'm expecting soon Indian government will make crypto as legal.Few weeks ago Indian government announced GST on Cryptocurrency this was one of the main beginning for making bitcoin as legal,slowly government will make cryptocurrency as legal and it is not possible to make legal as quick.Slowly they have to regulate step-by-step.I hope this year will be so great year for Cryptocurrency.