Post
Topic
Board Bitcoin Discussion
Re: what is the main reason for india to ban cryptocurrency
by
Ghayoor
on 07/07/2018, 20:08:43 UTC
I think only RBI or the banks only banned crypto currency, not India as a whole. I think they are taking crypto as a threat as they barely control it. Besides, they think that crypto can replace fiat currency very soon which is actually not possible to happen.
as far as i know bitcoin is legal in india and indian bank also accept bitcoin because its playing avery big role in their economy.