Making Sense of India?

Making Sense of India?

WebA top official of India’s central bank has compared cryptocurrency to a “Ponzi scheme” and suggested an outright ban in its sharpest criticism just weeks after the government proposed taxation of the virtual digital asset and paved way to recognize it as legal tender in the world’s second-largest internet market. Web21 hours ago · The cryptocurrency industry has advanced greatly since the introduction of Bitcoin in 2009. As the use of digital currencies and other forms of decentralized finance grows, governments across the world are trying to figure out how to regulate this emerging sector. ... Some nations have recognized cryptocurrencies as a legal tender, while … do fairfax and favour boots stretch WebAug 9, 2024 · Concerning the whole crypto community of India, the Supreme court has said that the RBI’s circular placing a banking ban on cryptocurrencies is illegal and will be … WebJun 20, 2024 · Synopsis: Is Cryptocurrency Legal in India in 2024. Supreme court has allowed citizens to buy/sell cryptocurrencies like Bitcoin, Dogecoin, etc. through crypto … conso in english WebAnswer (1 of 4): This is what the regulators said about the perils of investing in bitcoins: 1. On December 24, 2013, the Reserve Bank of india(RBI) cautioned the users, holders and traders of virtual currencies, including bitcoins, about the potential risks that they are exposed to. "The creat... WebFeb 2, 2024 · Amid the government's changing stance on cryptos with the Budget 2024-23 announcement regarding a 30 per cent tax on them, Finance Secretary TV Somanathan today said India's digital currency will ... do fairfax county school buses have cameras WebMost people (75%) don't own smartphone Crypto is a complex thing Govt is seriously against it making a legal tender (The people who are arguing with me in the comments, screenshot this chat, if in next 5 years India will adopt Crypto as a legal tender, I'll give all my moons to the person who will show me this screenshot)

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