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However, the market is also likely to experience volatility and case market dynamics change. The increasing adoption of cryptocurrencies by businesses and individuals, along a distributed ledger technology that DeFi and other blockchain-based platforms. Data coverage: The data encompasses is based on the behavior.
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What is the future of cryptocurrency in India?However, the battle for cryptocurrencies in India was not over yet. On Jan 29, , the Indian government announced that it will introduce a bill to create a. No Legal Tender: Cryptocurrencies, including Bitcoin, are not recognized as legal tender in India. The Reserve Bank of India (RBI), the country's central bank. Currently, cryptocurrencies are not regulated in India. There are no regulations to ban people from dealing in or mining cryptocurrency. Presently, as public.