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Arun Jaitley Comment On Cryptocurrency

Arun Jaitley Comment On Cryptocurrency. Finance minister arun jaitley may have said that cryptocurrency is not legal tender and the government will discourage its use, but the mention meanwhile, criticising the finance ministry for the comment on cryptocurrency, bharat ravuri, founder and ceo of financial advisory platform mintzip. Watch what finance minister arun jaitley said about bitcoin and cryptocurrencies.

Crypto Prices Mount A Comeback Following Huge Losses Techcrunch
Crypto Prices Mount A Comeback Following Huge Losses Techcrunch from techcrunch.com
Reiterating the government's stand on cryptocurrencies , finance minister arun jaitley on tuesday said virtual currencies like bitcoin were not considered lawful or legal tender in india, and that the government would wait for an expert panel report on cryptocurrencies like bitcoin and ethereum. .arun jaitley in the rajya sabha on january 2 said exactly the same thing, ajeet khurana, head of the blockchain and cryptocurrency council of india but the fact that they are not legal tender makes no comment on whether they themselves are legal or illegal. Jump to comments section print this page. The government does not recognize. Arun jaitley is the former finance minister, minister of corporate affairs in the government of india and a member of the bhartiya janata party (bjp).

In a move to regulate the cryptocurrency market in india, finance minister arun jaitley today cleared that it is not legal tender and it will discourage its use.

Suitable amendment in existing legislation to ensure that dealing and trading in cryptocurrency is made illegal and to penalise entities and. Finance minister arun jaitley spoke on bitcoins and cryptocurrency in his budget 2018 speech but the confusion on their legality remains. When asked whether the government has taken any decision on the cryptocurrency, jaitley said, recommendations are being worked at. Today, the goods and services tax regime enters its third year. Finance minister arun jaitley in his budget speech stressed that the government does not consider cryptocurrencies as legal tender, and will take measures to eradicate use of cryptocurrencies for illegitimate activities. This subreddit is a place to discuss low market cap cryptocurrencies/icos out of top 100, that might be potential moonshots.

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