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| Arun jaitley news on cryptocurrency | It functions with a degree of anonymity. If banks stop support, exchanges will have to shut down services with fiat money. Nifty 21, Abc Medium. Currency Converter. |
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| Arun jaitley news on cryptocurrency | On the other hand, the Finance Minister once again stated that bitcoin and other cryptocurrencies are not considered legal tender in India. Unlock this story and enjoy all members-only benefits. Avail Offer. This will alert our moderators to take action. Rs 49 for 1st month. Stock Reports Plus. Worry not. |
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| Arun jaitley news on cryptocurrency | Budget Income Tax. We have identified 11 exchanges dealing with virtual currencies in India," the Finance Minister said. Exclusive invites to Virtual Events with Industry Leaders. This will alert our moderators to take action Name Reason for reporting: Foul language Slanderous Inciting hatred against a certain community Others. Markets Data. The Economic Times daily newspaper is available online now. Choose your reason below and click on the Report button. |
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Bitcoin are a cryptocurrency with a 30 trillion-dollar economy by. Sitharaman says, India will be a worldwide payment system which is decentralised.
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FM Arun Jaitley Reiterates Warning Against BitcoinCryptocurrency is not legal tender in India but the govt will explore blockchain to usher in the digital economy, says Arun Jaitley while. �The government does not consider cryptocurrencies as legal tender or coin and will take all measures to eliminate use of these cryptoassets in financing illegitimate activities, or as part of the payment system,� Jaitley said. A number of exchanges who were trading on crypto-currencies now face imminent closure. The Indian Govt. has not legitimised Bitcoin or any other cryptocurrency, reaffirmed Finance Minister Arun Jaitley while responding to a query.
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