This picture is terrifying, especially for short-term investors. Waiting for more details from RBI, let's see what's next.
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This picture is terrifying, especially for short-term investors. Waiting for more details from RBI, let's see what's next.
I do not think RBI can do anything here.
The government will decide yes, but what I meant here is RBI is the instructor to all financial institutions. Don't you agree upon that brother?
I know RBI has some say in this, but RBI is acting on Governments term now...they can just say if its legal or not, nothing else.
The government has indirectly pointed to Crypto as a taboo or scam or whatever we call it, and as you mentioned too.
The tax will slow down a lot of transactions and probably will slow down the crypto hype as well in India.