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The government of india has neither officially recognized bitcoin as a medium of exchange nor has put a restriction on its use. Others have not even bothered to regulate it yet, leaving bitcoin and other cryptos in legal limbo. As it stands, bitcoin buying, selling, trading, or mining is not illegal by any law in india. Unocoin charges a 1% fee to buy or sell bitcoin. In this article, we explore bitcoin and cryptocurrency regulation in ghana.
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This makes it clear any. Unocoin is india's foremost bitcoin platform. About other countries in the world, we don't have exclusive information. When it comes to those countries where it is legal, there are some differences. March 2020 ushered in a wind of positivity for the future of cryptocurrency in india with the uplifting the ban against them by the supreme court. Bitcoin marketplace paxful reported 883% growth between january to may 2020 from around $2.2 million to $22.1 million. Is bitcoin legal in india ? This has finally settled the debate on whether bitcoin is legal or not in india. 2020 will be remembered as a landmark year in the crypto journey of india. Bitcoin india legal, bitcoin legal in india, bitcoin is legal in india, bitcoin price, cryptocurrency, is bitcoin trading legal in india, is cryptocurrency legal in india, bitcoin is legal in india or not, is it legal to buy bitcoin in india, is bitcoin legal in india 2020 Whereas the majority of countries do not make the usage of bitcoin itself illegal, its status as money (or a commodity) varies, with differing regulatory implications. Tellingly, the publication's source also adds that any decision that ruled the cryptocurrency to be. B itcoin is not illega l in india per sc.
