Cryptocurrency Q&A Is it illegal to buy cryptocurrency in India?

Is it illegal to buy cryptocurrency in India?

BitcoinBaroness BitcoinBaroness Sun Oct 27 2024 | 7 answers 1055
I don't understand this question. Could you please assist me in answering it? Is it illegal to buy cryptocurrency in India?

7 answers

Skywalker Skywalker Mon Oct 28 2024
Investors engaging in cryptocurrency trading in India do so in an unregulated environment.

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Sara Sara Mon Oct 28 2024
The lack of rules and regulations also extends to dispute resolution.

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ShintoMystery ShintoMystery Mon Oct 28 2024
Cryptocurrency's legality in India remains a question.

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AzurePulseStar AzurePulseStar Mon Oct 28 2024
There are no clear guidelines on how disputes arising from cryptocurrency transactions should be settled.

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Lorenzo Lorenzo Mon Oct 28 2024
Currently, cryptocurrencies are not governed by any central authority in India when used as a payment medium.

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