Bitcoin is Not Legal Tender, Clarifies Indian Finance Minister

[kreslik.news]

The situation with Bitcoin on the Indian subcontinent is in murky water. Today, Indian Finance Minister Arun Jaitley called out against the digital coin, clarifying that it is not legal tender in the country.

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He also confirmed that the government is waiting for a report from a panel of experts on the subject of cryptocurrency before taking any final decision.

This is not the first time that the country’s minister has made such a hard statement on the emerging crypto economy. Last week, in an official statement, the read more)