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Bitcoin mining legal query and Indian govt rules.
19-Sep-2023 (In Banking / Finance Law)
cryptocurrency in India is legal or illegal. Doing bitcoin mining and earning, trading bitcoin in India is legal or not. Pls give a clear picture for this query.
Cryptocurrency is illegal in India. So, bitcoin mining, trading and earning income out of such trade also are illegal. In your own interest, please do not engage in such illegal activities. Otherwise, you will unnecessarily invite legal issues.
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Adv. Swaminathan Neelakantan
Coimbatore | 400+ Answers
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