Is Bitcoin Mining Legal in India

What is the status of cryptocurrency mining in India? Is it legal to mine bitcoin in India? What is the policy of Indian Government regarding the legality of bitcoin? How Indian Government is treating the bitcoins and other cryptocurrencies

Asked on September 14, 2018 in Cryptocurrency.
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Legality of Cryptocurrency Mining

There are no clear regulations regarding mining activity of cryptocurrencies. The government has issued instructions regarding bitcoin investment and has warned that bitcoin is not regulated. Even after the instruction of RBI, still, the Bitcoin investment or trading is not illegal in India.

Mining is just like developing a software and there is no regulation in this regard. Therefore till now the mining activity is also legal in India

Answered on September 14, 2018.
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