Media quoted India's finance minister Alan jia trey (Arun Jaitley), "the government does not think encryption currency is legal tender or COINS, but will take all measures to eliminate the encrypted assets for illegal activities or as part of the payment system." This is believed to be India's ban on the use of bitcoin. In fact, in an interview with India's state-owned broadcaster Doordarshan, Jaitley asked whether the government is ban digital currency, direct translation is as follows: we don't encourage people to use it now, there are currently a government committee is studying the problem, they announced their decision and will be in after the completion of the next step. For India's bitcoin industry, everything is still the same. In addition, India's tax authorities have used the digital currency exchange to help track down tax evaders.
Will the previous news be used by some bookmakers? Create panic? Let's sell our bitcoins?
The fact that the Indian government has not banned bitcoin is not good news.
I think it's good news!
Hope can be supported.
