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According to the latest reports, volumes are now down significantly. Privacy Center Cookie Policy. In its earlier comments, the RBI clarified that it could not regulate cryptocurrencies because the Indian laws had never defined such asset classes. We may receive advertising compensation when you click certain products. By agreeing you accept the use of cookies in accordance with our cookie policy. Learn More. No decision on licensing and authorising any entity or company to operate such schemes or deal with bitcoins or any virtualcurrency has been made as yet. I accept I decline. Less Time, More Work There is no clarity about how the Indian government perceives decentralized, permission-less blockchains. Buy Bitcoin in India. The crypto markets have been in a firm uptrend for an extended period of time now, and many Bitcoin Opinion 3 mins. Indian Government: Steve Forbes , Chief Editor at Forbes, labeled the move immoral. All Rights Reserved.
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