Bitcoin Legality in India

Sanyam Khurana

Sanyam Khurana

@sanyam-Nl7Zqc • Oct 27, 2024
Bitcoin is always there in news, but RBI doesn't have shown any clear news regarding the same.
Last year in December they said to be uncertain about it.

See this..
<a href="https://www.medianama.com/2014/01/223-rbi-legal-bitcoin-india/" target="_blank" rel="nofollow noopener noreferrer">Notice Sent To RBI Demanding Clarity On Bitcoin Law In India | MediaNama</a>

Does anyone have any updated news on Bitcoins and their legality, mining, trading etc. in India specifically. (though we can discuss here about other parts of the world too..)
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  • Kaustubh Katdare

    Kaustubh Katdare

    @thebigk • Apr 16, 2014

    Check this similar discussion: <a href="https://www.crazyengineers.com/threads/laxmicoin-the-indian-bitcoin.72662">Laxmicoin - the Indian Bitcoin</a> . They are legal; but the RBI has warned against using the alternative currency.
    0
  • Sanyam Khurana

    Sanyam Khurana

    @sanyam-Nl7Zqc • Apr 16, 2014

    Kaustubh Katdare
    Check this similar discussion: <a href="https://www.crazyengineers.com/threads/laxmicoin-the-indian-bitcoin.72662">Laxmicoin - the Indian Bitcoin</a> . They are legal; but the RBI has warned against using the alternative currency.
    It's a really good discussion.

    Is mining Bitcoins also legal in India, I can't find anything related to it being legal, though trading bitcoin is legal but does it apply to mining too?
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