Arun Jaitley On Cryptocurrency at Breaking News

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Arun Jaitley On Cryptocurrency, On the one hand, india and china want to ban cryptocurrencies. Jaitley says cryptocurrency is not a legal tender in budget 2018. However, jaitley has announced that the government would adopt blockchain, the technology that supports cryptocurrencies.

India Official Cryptocurrency Not Accepted in ‘Digital
India Official Cryptocurrency Not Accepted in ‘Digital from observer.com

It appears to be the end of the road for cryptocurrencies in india. Cryptocurrencies not legal tender in india: When asked whether the government has taken any decision on the cryptocurrency, jaitley said, “recommendations are being worked at.

India Official Cryptocurrency Not Accepted in ‘Digital from Nice Breaking News

Cryptocurrency has had a good run, but it might be the last we see of it here in india. Exchange platforms dealing in controversial cryptocurrencies like bitcoins asserted that it’s “business as usual” hours after finance minister. While finance minister arun jaitley in his budget speech did express his bias against cryptocurrencies, we believe there is a need for healthy dialogue around this issue. The government does not consider cryptocurrencies as legal tender or coin and will take all measures to eliminate the use of these crypto assets in financing '' illegitimate '' activities or a part of the paymen. Arun jaitley, a senior advocate, is presently the union finance minister and the minister of corporate affairs in the cabinet of india.