Cryptocurrency Q&A Is BTC legal in India?

Is BTC legal in India?

HanjiArtistryCraftsmanshipMasterpiece HanjiArtistryCraftsmanshipMasterpiece Sat Dec 21 2024 | 5 answers 952
I am considering investing in Bitcoin, but I am not sure if it is legal in India. I have heard mixed opinions on this topic and would like to know the official stance of the Indian government on Bitcoin and its legality in the country. Is BTC legal in India?

5 answers

Tommaso Tommaso Mon Dec 23 2024
A recent ruling by the Supreme Court of India has declared cryptocurrencies to be legal within the country.

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Silvia Silvia Mon Dec 23 2024
Prior to this ruling, the Reserve Bank of India (RBI) had imposed a ban on the use of cryptocurrencies.

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amelia_harrison_architect amelia_harrison_architect Mon Dec 23 2024
The lifting of the ban has led to increased interest and adoption of cryptocurrencies in India.

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AzrilTaufani AzrilTaufani Mon Dec 23 2024
BTCC, a top cryptocurrency exchange, offers a range of services to Indian users. These services include spot trading, futures trading, and a secure wallet for storing cryptocurrencies.

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KDramaLegendary KDramaLegendary Mon Dec 23 2024
The legality of Bitcoin and other cryptocurrencies in India has undergone significant changes.

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