Category: India News

India News is the category where you can discover the most interesting news about India. The notion of Bitcoin (BTC) and cryptocurrency is now well-known in India. With a population of over 1 billion people, the South Asian country rivals China in size. India, formally the Republic of India, is the world’s second-most populous country after China. The bitcoin business in India today reflects a country that is still unsure about the asset class. For years, Indian government groups have debated the country’s position on cryptocurrencies. Although many prospective cryptocurrency-related restrictions and regulatory initiatives have made news — with people frequently wondering, “Is Bitcoin legal in India?” — the nation has yet to outright banned cryptocurrencies in its entirety. Due to a 2018 judgment by the Reserve Bank of India, or RBI — the country’s central bank — companies focused on digital assets were unable to interact with banks for a period, but the limits were lifted in 2020.

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