Is Cryptocurrency Legal in India?
With over 10M + crypto investors, Cryptocurrency in India is currently a booming market. And the number keeps increasing every day as the retail investors are also stepping into the crypto space with an enthusiasm to make more money.
So, a significant number of Indians are learning about cryptocurrencies and investing in them expecting the market to grow and make them lifetime money in 2021 and later.
However, millions of other potential investors are holding back from crypto investment because of confusion — if Bitcoin & Cryptocurrencies are illegal in India?
Well, in short, Cryptocurrencies and crypto investments are not illegal in India. Although, it is irregulated!
Recently, we got to interact with Ila Sheel, a lawyer at the Supreme court of India. Here’s her outlook on the topic -
So, if you have got an idea about the legal aspect of Crypto India and want to start investing, here are few guides. that you should read first -
