Cryptocurrencies like Bitcoin or Ethereum will never become a legal tender , Finance Secretary TV Somanathan told ANI adding only the digital rupee issued by the Reserve Bank of India (RBI) would be the legal tender. Speaking to ANI, Finance Secretary said, “Digital rupee will be backed by RBI which will never default.
Read moreIs cryptocurrency illegal in USA?
Bitcoin is not illegal in the U.S. How you can buy it, what services and exchanges you can use and what you can use it for might depend on which state you are in, however.
Read moreCan you buy crypto in the US?
Purchase and exchange of cryptocurrencies is totally legal across the country . While there is no federal legislation for crypto assets in the US, the bodies at the federal level have offered guidance to states.
Read moreIs it legal to buy Bitcoin in US?
If they send it to another wallet, it can still be traced back to the Coinbase purchase that is connected to the account holder’s identity. This should not concern most investors because Bitcoin is legal in the U.S. and most other developed countries.
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