Re: Would it be legal to create new crypto?

Quote from: x4 on August 22, 2016, 10:13:51 AM

I guess no, you will not be arrested and as what as you said bitcoin is not illegal in your country so how will you jail and who will do it for you. There are so many cryptocurrencies now and I guess there's not even one got in jailed because of creating some new cryptocurrency

That is correct mate OP nothing to worry about they want to create new crypto coins. However op need to create also an promotional team for their plan.

Quote from: Schirer on August 04, 2019, 09:41:23 AM

At the moment India situation has been worsening, reading a lot of reports which suggest fll out ban with criminal charges who dont obey.

But in general it could be interpreted as illegal since you are makeing new currency in country where there is only one legal currency.
You can say that there was a "precident" with Estonia and the governing EU , they shut Estonia's idea right down -> https://qz.com/1072740/mario-draghi-of-the-ecb-dashes-estonias-plan-for-an-estcoin-cryptocurrency-backed-by-the-government/

Yeah india government proposing a ban for cryto because we know government want to collect taxes and the way to implement that is to ban crypto for awhile and implementation at regulation.