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Is cryptocurrency trading legal in India?


27-Dec-2023 (In Banking / Finance Law)
Is it legal to buy the cryptocurrency from foreign exchanges in USD (through debit and credit card) and sell it in Indian exchanges for INR ? Request your views on this.
Answers (1)

Answer #1
973 votes
As of now it is not legal to trade in cryptocurrency and RBI has cautioned from time to time and it is advisable not to trade and deal or have custody of cryptocurrency as of now and it may effect your financial stability

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