Mining of Cryptocurrency Legal in India: Law Check
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Published date: December 15, 2023
- Location: Janak Puri, New Delhi – 110058, New Delhi, Delhi, India
Similar to normal/tangible currency, cryptocurrency is a virtual/digital currency that uses cryptography to conduct transactions. A very popular example of the same would be Bitcoin, which was invented in 2009. The Reserve Bank of India (RBI) issued a “Statement on Developmental and Regulatory Policies” on April 5, 2018 which directed the entities regulated by the Reserve Bank of India (RBI)
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