Cryptocurrencies are legal in india
India’s junior IT minister said that cryptocurrencies are legal in India if all regulations are followed, contradicting the central bank’s advice to investors to avoid crypto. India has tried to regulate cryptocurrencies, with a central bank deputy governor even pushing for their ban, but the government has yet to formulate legislation. The government established a taxation structure for cryptocurrencies in the last budget, and Prime Minister Narendra Modi stated at the World Economic Forum last year that dealing with the challenges posed by digital currencies would require a collective global effort….