Post
Topic
Board Economics
Re: Cryptocurrencies have won with court in India – for how long?
by
ajiz138
on 23/01/2020, 12:08:20 UTC
After a stressful and fearful trial at the Indian Supreme Court, India officially admitted that Bitcoins and other cryptographic assets are not illegal..

Read the full article on https://blocktoq.com/crypto-news/cryptocurrencies-have-won-with-court-in-india-for-how-long/

It is not easy to legalize cryptocurrencies in a country that already has a standard record. Actually, everyone in the world has recognized that these cryptocurrencies have many positive things when compared to real currencies. But it is not easy to change the economic system by including cryptocurrencies in everyday life as a substitute for currency. India is among the top 5 countries with the highest population in the world. To include the understanding that cryptocurrenccies in their lives in the sense of legalizing is not an easy thing to do. Even though it is only limited to assets / investments, it can only be done by a handful of people. How come China can? because the Chinese government system with India is clearly different.