1/7
Any company or authorization has been licensed to operate in bitcans or other cryptokyurans
RBI has also clarified that it has not given any license / authorization to any institution / company to deal with bitcoins or any other cryoccursers.
2/7
Finance Minister Arun Jaitley issued a 7-point warning for the sellers of investors
Finance Minister Arun Jaitley has issued a warning to Bitcoin investors.
Answering a question raised by DMK MP Kanimozhi during Question Hour in the Rajya Sabha, the Finance Minister reiterated that cryptokaryoes like Bitcoin are not legal, legal tender.
Kanimozhi wanted to know that the government is planning to regulate cryto-currencies such as Bitcoin and Ethrayum, because India mentions that there is more than 11% of such business globally.
3/7
Bitcoins can be dangerous as Ponzi schemes
Statement of the Finance Ministry has warned investors that bitcoins and other cryptococcum may be dangerous as Ponzi schemes.
4/7
The price of bitcoin and other cryptoculture is completely speculative
In a statement late last month, the Finance Ministry said, "Therefore, the price of Bitcoin and other Vice-Presidents is entirely pure speculation, which can lead to speed and ups and downs in their prices."
5/7
Wikipedia is also used for illegal activities
FM has also acknowledged that the lack of reliance on the state has made the cryptocurrence function with a certain amount of oblivion.
6/7
There is no security available for using or disposing of those people in India.
There is no security available in the country to utilize cryptocutues like Bitcoin, Iterium and others and to settle them.
Jaitley said that the inter departmental
7/7
There are no cryptocaunnynu statutory tenders like Bitcoin and atherum
FM Arun Jaitley said that both the Reserve Bank of India (RBI) and the Indian government have consistently maintained and made it public that cryptokuransis are not "legal, valid tender" in India.
For the latest technical news checkout
Any company or authorization has been licensed to operate in bitcans or other cryptokyurans
RBI has also clarified that it has not given any license / authorization to any institution / company to deal with bitcoins or any other cryoccursers.
2/7
Finance Minister Arun Jaitley issued a 7-point warning for the sellers of investors
Finance Minister Arun Jaitley has issued a warning to Bitcoin investors.
Answering a question raised by DMK MP Kanimozhi during Question Hour in the Rajya Sabha, the Finance Minister reiterated that cryptokaryoes like Bitcoin are not legal, legal tender.
Kanimozhi wanted to know that the government is planning to regulate cryto-currencies such as Bitcoin and Ethrayum, because India mentions that there is more than 11% of such business globally.
3/7
Bitcoins can be dangerous as Ponzi schemes
Statement of the Finance Ministry has warned investors that bitcoins and other cryptococcum may be dangerous as Ponzi schemes.
4/7
The price of bitcoin and other cryptoculture is completely speculative
In a statement late last month, the Finance Ministry said, "Therefore, the price of Bitcoin and other Vice-Presidents is entirely pure speculation, which can lead to speed and ups and downs in their prices."
5/7
Wikipedia is also used for illegal activities
FM has also acknowledged that the lack of reliance on the state has made the cryptocurrence function with a certain amount of oblivion.
6/7
There is no security available for using or disposing of those people in India.
There is no security available in the country to utilize cryptocutues like Bitcoin, Iterium and others and to settle them.
Jaitley said that the inter departmental
7/7
There are no cryptocaunnynu statutory tenders like Bitcoin and atherum
FM Arun Jaitley said that both the Reserve Bank of India (RBI) and the Indian government have consistently maintained and made it public that cryptokuransis are not "legal, valid tender" in India.
For the latest technical news checkout
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