The Cryptocurrency | Wanna bet on uneven battle with State - FAQ
How to make investments in crypto currency? Investment can be made directly in India via the exchanges that exist and provide services. This exchange acts as a Custodian of the cryptocurrency and holds them on behalf.These exchanges are operating from the ruling given by Supreme Court, which is again challenged by RBI in the Supreme Court of India. Investing directly in India would cost the trust, if you are going to make an investment in India via the exchanges that are acting as custodian, it costs a lot in case of any eventuality like a a fraud or a deceit. If you willing to take that risk and your investing a small part then, can go ahead and continue to invest in those exchanges. Why not invest through Liberalised Remittance Scheme directly in another country? As per the FAQ released by the RBI, the payments that are made to the exchanges are prohibited from the LRS Scheme, since the investments made are in speculative nature. What does Supreme Court judgement mean? Supr...