#InvestmentSpecial: Digital Currency Might be Illegal in India but You Can Still Invest in it. Here's How Stay tuned to get every day updates in 60 seconds.

By Aastha Singal Nov 9, 2018

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

1. Digital currency is not a legal tender in India but you are a believer of this technology, then blockchain is for you.

2. Unlike India, Bitcoin is legal in the United States and is listed for trade at the New York Stock Exchange. Digital Currencies are Legal in Canada, Australia, European Union, China, Russia, Vietnam, Bolivia, Columbia and Ecuador.

3. If you are looking to invest within Asia, then Singapore is the hottest market for you.

4. In case of Bitcoin trade, everyone should refrain from offline transactions as they may end up being rogue.

Here's the "news that entrepreneurs can use". Know what's trending in the Indian business world in 60 seconds.

Aastha Singal

Entrepreneur Staff

Former Features Writer

A business journalist looking to find happiness in the world of startups, investments, MSMEs and more. Officially started her career as a news reporter for News World India, Aastha had short stints with NDTV and NewsX. A true optimist seeking to make a difference, she is a comic junkie who'd rather watch a typical Bollywood masala than a Hollywood blockbuster.

Most Popular

See all

Side Hustle

His Side Hustle Made $20,000 in 2 Weeks After Catching Beyoncé's Attention — Now This 26-Year-Old Is Aiming for $1 Million Revenue

Zac Coughlin, 26, had an early passion that followed him to college and beyond.

By Amanda Breen

Business News

The Most Downloaded News App in the U.S. May Have Published Dozens of Fake, AI-Written Stories

The stories were fake but had real-world consequences for the app's 50 million monthly users.

By Sherin Shibu

News and Trends

A realm full of opportunity and test

Among the countries considered to be hotbeds for startups, India consistently makes the top ten; much of it has to do with the policy-making and cultural shifts the country has gone through to advertise itself as startup-friendly.

By Prince Kariappa

News and Trends

Fintech Startup Fibe Raises USD 90 Mn in Series E Round Led by TR Capital, Trifecta Capital, and Others

The Pune-based platform aims to deploy the fresh funds to expand reach, strengthen technological infrastructure, and deepen its impact across India.

By Entrepreneur Staff

Side Hustle

10 Online Side Hustles Proven to Boost Your Bank Account

Even the busiest schedules can accommodate finding a precious few hours to create a profitable online venture — something that many are already mastering.

By Elizabeth Rider

Growth Strategies

Five Sustainable Practices Adopted By Electric Vehicle Industry

Electric vehicles are inherently more eco-friendly than their fossil fuel counterparts, as they produce zero tailpipe emissions.