Post
Topic
Board Marketplace (India)
Re: Can Indians Hold Stable Coins?
by
TheUltraElite
on 25/05/2020, 06:53:26 UTC
Can indians hold stable coins after converting from btc to usdt......?
It is your choice what you want to hold. Nobody is forcing you not to hold them. They are not illegal either and even if they were made so I am sure users would find a loophole to use them.

Quote
stable coins belong to dollar price know like 1 coin= 1 dollar so indians can hold the stable coins......?
The value of the coin only denotes the value nothing more. Even if it is considered as foreign currency you can do what you wish with it.

This however does not exempt you from paying taxes, if that is what you are aiming at.