Educate in Cryptocurrency & Blockchain By News Updates

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The government has clarified its stand that (a) cryptocurrency is not legal tender; (b) action will be taken against illegal uses of cryptocurrency; and © it will not treat cryptocurrencies as a payment instrument. That still leaves the window open for trading in cryptocurrencies. The only impediment for this is closing of bank accounts through RBI’s initiative. The ambiguity lies in the fact that a p