This circular made the entire crypto community in India go haywire and they filed writ petitions to challenge the ban. However despite the mounting excitement much ambiguity persists around the legality of cryptocurrency in India. The President Of The National It Authority Of India Considers The Use Of Cryptocurrency Illegal Cryptocurrency Trading Cryptocurrency Bitcoin Cryptocurrency in India is No Longer Illegal. Is investing in cryptocurrency illegal in india . One can start investing for as low as 100 in less than 60 seconds with the QuickBuy feature. India has not had a positive stance towards Bitcoins and other cryptocurrencies. Still cryptocurrency trading platforms in India are legally operating and are available for use by anyone. People confuse the unregulated aspect of cryptocurrencies with being illegal. A high-level government panel on virtual cryptocurrencies has recommended a ban on all virtual cryptocurrencies in India. All You Need to Know. Crypto...