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The crypto community in india is wondering whether bitcoin is legal in india or not.
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The reserve bank of india had banned the cryptocurrency business in the year 2018 by issuing a circular. Finally, we have seen some explanation on the topic is crypto legal in india. However, the existing digital currency holders are expected to be provided an opportunity to sell their digital currencies, according to a report. 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. Is cryptocurrency legal in india?
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