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Is bitcoin legal in India?

Is bitcoin legal in India? 



Bitcoin is not illegal  in India per SC. according to the Indian cryptocurrency change wallet zebpay which is the one of the most famous wallet in India for changing Bitcoin reveal that according to the Nishith Desai Associate is India's leading international law firm they have published a white paper which conclude that Bitcoin is legal in India but Indian Reserve Bank on 24 December 2013 ,release a Press Conference and caution the user, holders and traders opreator currencies including Bitcoin about the potential financial, operational legal customer protection and security related risk that the exposing . Reserve Bank has been said that it has been looking at the development related to certain electronic records claim to be "decentralized digital currency" or "virtual currency" such as Bitcoin, lightcoin,dogecoin ripple, electronium and many others their uses or trading in the country and the various media reports in this regard and in the latest press release on 5 December, 2017 Indian Reserve Bank caution" regarding risks of virtual currency including the most famous Bitcoin according to the press release attention of members of public is known to the press release issued by the Reserve Bank of India on December 24 ,2013 caution user whole day traders of virtual currencies in the wake of significant spurt in the valuation of many virtual currency and Rapid growth in initial offering RBI reiterated the concerns conveyed in the earlier press release so the decision is final that India government don't make  cryptocurrency legal and also don't say that it is illegal it release in Express that the customer must care of its money itself and its also is security so you continue to trading in Bitcoin and leave happy

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