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RE: India: Banning of Unregulated Deposit Schemes Bill, 2018—Does It Affect Cryptocurrency Trading?

in #bitcoin7 years ago

Yesterday, after reading the news some of my friends too asked me about the banning of cryptocurrency in India, my only reply for them - They will never kill their gold hatching hen 😂, In India the government only know how to talk big, not how to act big...

Moreover, two days before PMO had announced a tweet about regarding the blockchain and there impact, and how he thinks that it is in high-end of India to adapt such technology
image.

So, from this we can say that Bitcoin or cryptocurrency will never be banned in India..but, restriction can be imposed on them - income tax...

Love the post, keep the good work

@casualwriter