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RE: Making Sense of Indian Finance Minister's Statement in Parliament—Cryptocurrencies Aren't Banned In India!

in #bitcoin8 years ago (edited)

The government of any country can never make Crypto-Currencies a legal tender as they are not issued by Fedral/Central authority, however Crypto-Currencies can currently be classified as "movable property" and appropriate regulatory permission and taxes can be applied. No democratic nation can ever think to ban crypto-currency. So, they are proposing to discuss it in upcoming G20 summit.....

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