By Maujin - 16.02.2020
Is bitcoin legal in india 2020
Bitcoin News | Articles from is bitcoin legal in india tag. The Indian central bank had in banned crypto transactions after a in the Supreme Court in September and won respite in March
With this momentum, the company expects to reach 10 million users by early Founded inZurich-based BRD also said it now adds about one million new users every two months, after initially taking more than four years to hit the one million user mark.
It reachedmonthly active link at the beginning of July.
Co-founder and chief executive officer Is bitcoin legal in india is bitcoin legal in india 2020 Traidman attributes the increased interest in cryptocurrency, especially among first-time users, to the COVID pandemic.
The first are millennials who have discretionary income that they invest using apps like Robinhood instead of traditional brokerages.
article source The second group are people who have been more financially impacted by the pandemic and are turning to Bitcoin and other cryptocurrencies to cope with currency fluctuations in their countries or as a more cost-effective alternative to international wire transfers to send is bitcoin legal in india 2020 to family members.
Falling bank interest rates have also prompted many people to consider alternative places to put their money.
The company is also seeing more adoption in Eastern European countries. The app also allows people is bitcoin legal is bitcoin legal in india 2020 india 2020 use Apple Is bitcoin legal in india 2020 or their bank cards to buy cryptocurrency.
This ease of use is one of the reasons for its growth, Traidman said.
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