CryptoVisionary
Fri Jul 12 2024
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6 answers
1064
Can you buy bitcoin in India without a PAN card?
In the realm of cryptocurrency and finance, there's often a murky area surrounding regulatory frameworks and personal identification requirements. This begs the question: Can individuals in India purchase Bitcoin without the possession of a PAN (Permanent Account Number) card? PAN cards are integral to India's tax system, serving as a unique identifier for financial transactions. However, with the increasing popularity of cryptocurrencies, many investors are wondering if this traditional requirement still applies to digital asset purchases. Understanding the legalities and implications of such transactions is crucial for anyone seeking to navigate the crypto landscape in India.
