Crypto ban again in India ?

[awesomewebsites]

I am hearing news in some channels, youtube and stories that government is planning to ban crypto in India again. I had started using it again and always thought that it is much needed in case something happens to paypal account. What do you think about this potential ban ?

 

[aman khattar]

That's the main problem,I always have to deal with a Middleman when the client wants to pay with Crypto

 

[awesomewebsites]

That's the main problem,I always have to deal with a Middleman when the client wants to pay with Crypto

Currently you can use zebpay directly but they are planning to ban again.

 

[aman khattar]

Currently you can use zebpay directly but they are planning to ban again.

You never know,your crypto balance can be gone if they ban it suddenly and I never want this to happen so I never touched crypto.

 

[awesomewebsites]

You never know,your crypto balance can be gone if they ban it suddenly and I never want this to happen so I never touched crypto.

Yes that is issue. I am having some in lbc because some sellers demand this only.

 

[Kenobii]

FUD? Time to buy more!

 

[Elvlin]

You never know,your crypto balance can be gone if they ban it suddenly and I never want this to happen so I never touched crypto.

No your crpto balance cannot gone, justmake sure don't put the coin on exchange, move it to your personal wallet. The point of crypto is gov can make it illegal, but they cannot block it at all. You can easily use vpn, or other exchanger to convert your coin to u$ than back to your currency

 

[IG Professor]

it starts with tiktok, now crypto? what else they have banned?

 

[Nut-Nights]

OP chances are really low. But still the way our gov going with decisions, it's quite possible.

 

[Mr Positive]

How bored is your country’s leader tell them to ban corona first

 

[proxygo]

anything the government cant control or make money
from will always be in the firing line.

 

[Seosmm27]

Tiktok, smm panels and now again crypto.

 

[seoamz]

How bored is your country’s leader tell them to ban corona first

Hope US will not ban it too, because US leader always follow Our leader.
Banned Tiktok in India, and now US planning to Ban it.

 

[kendzalo]

If all fails, BHW shall open a TOR hidden service xD.

 

[awesomewebsites]

Hope US will not ban it too, because US leader always follow Our leader.
Banned Tiktok in India, and now US planning to Ban it.

That will kill crypto.

 

[Gogol]

No your crpto balance cannot gone, justmake sure don't put the coin on exchange, move it to your personal wallet. The point of crypto is gov can make it illegal, but they cannot block it at all. You can easily use vpn, or other exchanger to convert your coin to u$ than back to your currency

With an exchange, it can. If you don't own the private key, you don't own the money.

To solve this, just use a wallet. Receive money in the wallet. Government will know shit about it till you try to convert it to fiat money.

 

[freakads]

When it was started in the first place? It was just in News, nothing was applicable in practical level.

 

[Gogol]

When it was started in the first place? It was just in News, nothing was applicable in practical level.

That's the thing right? It's not that I have stopped accepting crypto after the government started interfering with it. That is the point of crypto afterall (except for the fact that it is ultimately a ponzi scheme ).

 

[yherrliche]

Why do they ban it ? Scared of tax evasion ?