 "bitcoins")
Finance Minister Arun Jaitley hinted during his Union Budget 2018-19 speech on Thursday that the government may not ban cryptocurrency such as bitcoins in India but will not permit its use as a currency to buy products.
Jaitley said on Thursday that the government will crack down on illegal use of cryptocurrency and curb the use of the digital currency in the payment system.
“The government doesn’t consider cryptocurrency legal tender or coin and will take all measures to eliminate the use of these cryptoassets in financing illegitimate activities or as part of the payment system,” Jaitley said during the
