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Budget 2018: FM says govt doesn't consider crytocurrencies as legal tender

He emphasised that the government will look to eradicate their usage for illegitimate activities

ANI  |  New Delhi 

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Finance Minister in his speech stressed that the Government does not consider cryptocurrencies as legal tender, and will take measures to eradicate use of crytocurrencies for illegitimate activities.

"investors in India have to bear in mind that the government doesn't consider them legal tender," Jaitley announced in his address.

He emphasised that the government will look to eradicate their usage for illegitimate activities, nothing about investing in them.

Finance Minister presents the current NDA government's fifth and arguably his toughest with higher focus on addressing agriculture distress, creating jobs and boost growth.

First Published: Thu, February 01 2018. 13:12 IST
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