Indian Finance Minister Arun Jaytley confirmed the government's rejection of the Crypto-currency as a legitimate means of payment. This is reported by CCN. "The government does not recognize crypto currency legal tender.

We will do everything necessary to prevent the financing of illegal activities with the help of crypto-exchange payment systems, "said Jaytli, presenting the draft budget for 2018-2019. The authorities of India and earlier expressed a negative attitude to the crypto-currencies, comparing them with the financial pyramids. Let us recall that the Bank of Indonesia is preparing to issue its own crypto currency - a digital rupee. The cost of crypto currency bitcoin for the last day fell by 4% and is trading below 10 thousand dollars per coin.

The authorities of India do not recognize crypto currency.