Bitcoin Not Banned in India, Finance Minister Tells Parliament21.4

Holding or trading cryptocurrencies like bitcoin is not banned in India, union minister Anurag Singh Thakur told the upper house of Indian parliament.

The Minister of State to Ministry of Finance said the issues of permitting the trading of/in cryptocurrencies remains under examination of a government-appointed interministerial committee. He stressed that the Reserve Bank of India and the Ministry of Finance had issued a string of circulars and notices regarding the use of bitcoin and other similar coins. Nevertheless, only a final report from the committee could shed more light on the final status of such nascent asset class.

Original source
https://www.newsbtc.com/2019/07/19/bitcoin-not-banned-in-india-finance-minister-tells-parliament/

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