Post
Topic
Board Legal
Re: Report: India showing signs it may legalize cryptocurrency payments
by
jjacob
on 04/08/2018, 21:03:35 UTC
According to a legal report released in July 2018, the country’s lawmakers are considering legalizing the multi-million dollar sports betting industry – naming cryptocurrencies as a legally acceptable payment method akin to credit and debit cards.

Read more: https://cryptolo.io/cryptoblog/index.php/report-india-showing-signs-it-may-legalize-cryptocurrency-payments/

You should rely on mainstream media articles to find out the true state of cryptocurrencies in India. It is true that government panels are considering legitimizing the crypto sector. But it is a fact that it is crippled today, with no banking links. And legitimizing gambling is a totally different question - it will be tough for any government to back such a move.