Mining of Cryptocurrency Legal in India: Law Check

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Published on 2023/12/15. Modified on 2023/12/15.

Description

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)

Location

2, D.D.A Commercial Complex, C-2C Block, Pocket – 2, Janak Puri, New Delhi – 110058
New Delhi
Delhi
India
28.63576, 77.22445
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