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cryptocurrency is legal in india
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Yes, the Supreme Court cleared the path in 2022, so cryptocurrencies are legal for trading and investment in India.
Still, you must use a licensed exchange and keep records for tax purposes.
The RBI banned banks from providing services to crypto firms, so only fintech wallets can handle deposits.
If you’re planning to mine, you’ll need to register the activity and report electricity usage. crypto trading is legal in india
Many state governments have issued guidelines, but the central stance remains the same—no outright ban.
Crypto exchanges must comply with KYC/AML rules, just like any other financial service.