Indian Raises Support On Bitcoin But Still It is Not Legalized

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BITCOIN INDIA
BITCOIN INDIA IMAGE: BITCONNECT

Bitcoin, which community growing rapidly in many country including India. India, after demonetization digital wallet use is now very much friendly to users.  The concept of digital currency also spread it’s idea across the country. Bitcoin, which is the most known crypto currency is adopted by many people every day. Indian Bitcoin exchange like zebpay, unocoin, coinsecure and Bitxoxo has doubled their customer signup in past weak.

Whenever bitcoin reach to an all time high people are like to take some more bitcoin in their wallet.

On Friday December 1, Finance Minister Arun Jaitley told the press that India still has not validated bitcoin as a legal tender and the existing wallet and exchange provider’s are not licensed for bitcoin business. Investors are taking risk while dealing with any crypto currency in India.

However, the growth of bitcoin may not affected more if India place ban over crypto currency, since the volume of bitcoin in India is very less.

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