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Steps taken by the Govt. to ensure cryptocurrencies as "illegal"

Shortpedia

Content Team

In order to ensure that the cryptocurrencies are illegal, various steps are being regulated by the Government of India. As confirmed, the Govt. does not consider cryptocurrencies as legal tender and also the trading of "crypto assets" at the unregulated exchanges would be regulated. As informed by Ajeet Khurana, president of Cryptocurrency Committee that he is in favour of the Government's decisions and it's a good news.