John Wick 08 February 2022
Aryan Raj 08 February 2022
Dear Queriest,
According to rule 16 of the CCS CCA (Conduct Rules) rule- A government employee can invest in the cryptocurrencies as cryptocurrencies are not deemed illegal in India but the government does not consider crypto-currencies to be legal cash or coins and will take all necessary steps to prevent them from being used to finance illegal activities or as part of the payment system.
Therefore investment in cryptocurrencies is definitely permissible but you will not be able to use it for any kind of transaction. And in case you carry out a transaction using crypto you will not be able to take any legal assistance in case of any miss happening.
Regards,
Aryan Raj