Currency other than Indian currency is known as 'foreign currency' and is governed by Foreign Exchange laws. Bitcoins may fall within the purview of the. Representations of the Ripple, Bitcoin, Etherum and Litecoin virtual Cryptocurrencies are not legal tender in India, and while exchanges are. Bitcoin or for that matter any Crypto Currency is not legal tender in India. The Reserve Bank of India, India's central bank has prohibited trading or any kind of.
0 thoughts on “Legality of bitcoins in india”