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Supreme court of india has lifted the ban too on buying and selling of cryptocurrencies with a bank account. I see this as a breakthrough in indian crypto industry. India might ban private cryptocurrencies like bitcoin and develop a national digital coin. The reserve bank of india has banned the banks from transacting with cryptocurrency exchanges, but it hasn't banned cryptocurrency trading yet. How to buy petro cryptocurrency from india quora, soros and rockefeller families investing in crypto?
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— bitcoin, still mostly used as an instrument of speculation, has sec compliant crypto exchange attracted consideration in recent months.
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Even rbi is also working on its digital coin and the government has also declared that they are open to new opportunities and experiments regarding crypto. Indian finance minister arun jaitley reiterated in the national budget announcement that. Crypto trading platforms in india offer to trade with inr now. So i surely understand the whole mechanism and industry very well. Please read till end ! Easily find all the quora answers related to buy bitcoin in india , buyucoin is the best cryptocurrency exchange in india, where you can buy/sell crypto easily. Indian crypto market is gaining momentum coinbase has also announced to open its office in india. Because, his decision to enter crypto market makes arun jaitley's decision to ban crypto currencies hard.
As cryptoglobe reported the founder of a major indian think tank, deepak kapoor, has recently argued bitcoin and cryptoassets should be traded like a stock i n the country.
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