Day: December 12, 2019

Is It Possible To Invest In BTC In India?

Bitcoin is undoubtedly the latest talk of global fiscal tinsel town today. There has been a growing interest about Bitcoin lately and institutional investors are also joining the bandwagon enthusiastically.  In that light, investors in India are also eager to sign up with the Bitcoin trend. But the question is – “Is Bitcoin actually legal in India?”. If you want a straight-cut answer, it is “No”. RBI has not given legal status to BTC in India. But, does that mean investors in India won’t ever be able to invest in Bitcoin? The good news is there are some ways by which you can invest in BTC despite being an Indian citizen. Please read the post below to know more. Investing in BTC in India Indian government has already banned any sort of digital cryptocurrency in the country. An esteemed government panel has even proposed a bill recommending banning and regulation of digital currencies. But, the fact is, the bill has not been finalized and implemented yet in the form of a proper law. It means …