Bitcoin/ Bitcoin laws/Laws on Bitcoin/Laws regarding Bitcoin in Indian/ Best law firm in Coimbatore/ Best advocates in Coimbatore/ Best law service in Coimbatore/ Best legal consultation in Coimbatore/ Best legal services in Coimbatore/ Best lawyers in Coimbatore/ Online legal consultation. Bitcoin is a decentralized digital currency, and as such, it is not regulated or controlled by any government or central bank. However, different countries have different laws and regulations regarding the use and trading of digital currencies. The Indian government does not recognize Bitcoin as a legal tender and has issued warnings to the public about its potential risks. The Reserve Bank of India (RBI) issued a statement in April 2018 cautioning users, holders, and traders of virtual currencies, including Bitcoin, about the potential financial, operational, legal, customer protection, and security-related risks that they are exposing themselves to. However, the Indian government has not imposed any restrictions on buying, selling, or trading Bitcoin. The government has also not indicated that they plan to regulate or ban Bitcoin in the near future. Thus, trading and investing in Bitcoin is legal in India. At Saanvika Legal Associate, other laws cases like business law, financial law, insurance law, environment law, consumer law, property law, banking law, labor, cyber, labour, constitutional, legal registration, NOCs, litigations, criminal, family law, and so on are provided. All kinds of Law services are offered with experienced lawyers that result in the success of your cases in every way possible.