When compared to 2019 the number of users who entered into the crypto world are very high. CoinDCX ceo said the user base has grown more than 0.4% of the total Indian population. Though crypto currency is a good way to make huge passive income still some people keep away from the crypto market out confusions. People who serve government is one amoung the same category.
Let's see if they can buy crypto-currency in India.
There are certain limitations that the government imposes on the servant's when it comes the case of stock trading. The frequent trading of stocks are not allowed for goverment officials. But when it comes to the case of bitcoin and other crypto-currencies they are not stocks at all. There is no law stating the prohibition. Hence investing in crypto currencies are not illegal for goverment officials in India.
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