India Unbanned Crypto currencies

“Hey, Guys Another Bullish News For Crypto Community Today!”

  • Central Bank Of India Issued a Banning Notice on all investments in crypto in 2018.
  • It includes Buying, Selling and Holding crypto assets are crime that can punished by Indian Government Laws.
  • But analiysits estimates Indian investments in cryptocurrencies at around 100 billion indian rupees.
  • That’s a big investment to the community around the world as well.
  • Indian Top Officials called Crypto investment “A ponsi Schem” back in the day.
  • But due to the covid – 19 Pandamic now india government face a great ecomomic crisis.
  • Printing money is not the answer we all know that, So what is the next step to avoid inflation rate going up over their hands.
  • 31th may 2021 Reserve Bank of India issuses a notice below that they continue to handle virtual currency tranactions.
  • Some belive that india never accually banned cryto but now this is official.

So Anyway this is good news Guys, Stay with Emoneytips.net And Crypto, BYE!!!

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