India will not ban cryptocurrency, says National Payments Corporation of India
It has been rumored for a long time that cryptocurrency will be legalized in India. There has been a lot of speculation about it. Just this word was being uttered. If cryptocurrency is legalized, it will bring a lot of good times for them.
The Indian National Payments Corporation of India Payments Agency has stated that it will not restrict cryptocurrency transactions in India and will start using cryptocurrencies in conjunction with the rupee prevailing in their country to use cryptocurrencies.
And they also said that local banks that have local use of the same type of NC have been asked to disclose their bank's capabilities and whether they should face any problems in using this cryptocurrency.
Local media outlets reported the details on Thursday, with local media outlets reporting that the National Payments Corporation (NCPI) had refused to ban cryptocurrency transactions, raising questions and concerns among locals.
NCPI said in a press conference that all the banks have their capabilities and they will not have to face any problem in this cryptocurrency transaction. To be highlighted
In March 2020, some lawyers filed a writ petition against the use of cryptocurrency in the Supreme Court of India. The court dismissed the writ petition. Gives
However, cryptocurrency users' accounts are still being blocked in some parts of India.
However, in the end, if the use of cryptocurrency increases in India, then the countries that are with India will gradually come under this category. We all hope that good news will come to us
We all want to take the money we earn directly through the bank. We have to deal with different types of transactions in different countries of the world. There are many people who use cryptocurrencies to hand over their savings to other people and deposit their money in their bank accounts. Not being deceived in this way