Quote from: Ctn on October 15, 2019, 09:54:19 AM

It's been more than two years and i have just heard that such laws and bills are coming which would ban BTC. There have been numerous articles regarding laws in India but nothing is conclusive until now. I think Govt. here just doesn't cares about cryptocurrencies as of now because there is no havoc by the opposition about bringing some legislation.

Even if such bill gets implemented people will continue to use bitcoin through one way or the other. In India the politicians are highly corrupt and very few are educated. If they've know about the possible ways of laundering through bitcoin soon they'll start corruption fund transfers through bitcoin. Within India the bills can be delayed for years. Now too there is more hearings taking place for months. When the judge himself satisfied he'll give the conclusion on the bill. Until then there is nothing to fear of cryptocurrency ban in India.