Password News reports India's 2023 cost budgetIndian Minister of State for Electronics and Information Technology Rajeev Chandrasekhar issued a key statement on Thursday on the actual operation of the country's passwords. In recent years, China has tightened its position on password trading and other digital currency activities. In 2022, our government levied heavy taxes on password-related activities. Before the National Finance and Budget Conference is scheduled to begin on February 1, 2023.

"nothing is illegal in India."

Recently, Indian IT Chief Rajeev Chandrasekhar indicated that, from a legal point of view, there are no items to block password-themed activities. This assessment is likely to clarify to some extent the speculation that India is likely to be vacant and strictly forbids encryption. However, it is not clear whether such restrictions will be imposed on activities closely around the special theme of the cryptocurrency. In addition, the upcoming EU national financial budgets may change or release pressure on the encrypted tax board.

"Today, if you follow the judicial process, nothing can declare encryption illegal. If you want to invest in the password, make sure you have passed the RBI, got your LRS qualification, and won the asset according to the standard.

India strictly forbids encryption password plan

More worrying for Indian password enthusiasts, recent reports speculate that India is likely to play a role in regulatory passwords in the context of the countries that lead the G20. In similar cases, the central bank of the host country has said in the past that it has reservations about allowing encryption transactions. Recently, the Reserve Bank of India (RBI) has strictly implemented this view, saying that the uncertainty of encrypted currency is very high and is related to the relatively high degree of stock market. More importantly, the Bank of India's financial stability report says the host country has explored the probability of strictly banning encryption.