Let’s take a trip down the memory lane to the days when a new kind of digital currency stormed the internet, turning rags to riches and then consequently riches to rags. Why did this catch the eyes of so many people? What made this different from other types of investments or currencies? A lot of people just jumped in the train without knowing answers to these questions, much like how they do in stock markets. The wise jumped off the train just as swiftly when they were ahead. So, let’s see what the fuss is all about and how it is used and taxed in India? The Technicalities How to obtain/buy cryptocurrencies? Is cryptocurrency a currency or a tradable instrument? Taxation in India Why is cryptocurrency so much frowned upon? Should you buy it? The Technicalities Cryptocurrency is a digital currency secured by cryptography and are decentralized networks based on blockchain t...