Is trading cryptocurrency in india illegal or legal?

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Is btc trading legal ? how to proceed into this business if this is legal in india! Please share your views and suggestions. how this business works and whether this business is profitable or not. Thank you!

jumbalu

Posted 2019-11-27T15:16:52.520

Reputation: 1

Question was closed 2019-11-28T15:43:58.753

I think this question would be better in law.stackexchange.com. Note that these Q&A websites are not intended for sharing views and suggestions. Each question should ideally ask one question, not a mixed list of questions about laws, profitability, etc.RedGrittyBrick 2019-11-27T16:06:12.570

I don't want to post an answer due to the broad, opinion based nature of the question. However, I would do like to note that all entities/individuals not regulated by Reserve Bank of India (RBI) can trade/invest in cryptocurrencies in India. As @RedGrittyBrick pointed out, it is best to ask such questions on Law.SEUgam Kamat 2019-11-28T09:18:32.990

Answers

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There is a nice overview which is updated frequently about this topic here.

Emil

Posted 2019-11-27T15:16:52.520

Reputation: 63