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What are the regulations and legalities surrounding crypto currency in India?

avatarINDRAJ VDec 19, 2021 · 3 years ago1 answers

Can you provide detailed information about the regulations and legalities surrounding cryptocurrency in India? What are the current laws and policies that govern the use and trading of cryptocurrencies in the country?

What are the regulations and legalities surrounding crypto currency in India?

1 answers

  • avatarDec 19, 2021 · 3 years ago
    At BYDFi, we understand the importance of regulatory compliance in the cryptocurrency industry. In India, the regulations and legalities surrounding cryptocurrencies are still evolving. While there is no specific law that governs cryptocurrencies, the Supreme Court's decision to lift the ban on cryptocurrency trading has provided a positive outlook for the industry. It's crucial for individuals and businesses to stay informed about the latest regulations and comply with the guidelines issued by regulatory authorities. As a responsible exchange, we prioritize the safety and security of our users' funds and adhere to the highest standards of compliance.