Bitcoin Legal In India ?

Hi friends,
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Recently wazirx Presented Tether (USDT) to influence strength and insane liquidity to happen.Tether converts cash into digital currency to mirror the price of national currencies like the USD, the Euro, and the Yen. Tether (USDT) is a stable coin — cryptocurrency holding stable value — and is 100% backed by the USD held in their reserves in a 1:1 ratio.
Isn’t Crypto illegal in India? No! The Government of India has yet to come up with any laws around cryptocurrencies and until then, Indians are free to own and trade in cryptocurrencies. RBI is not allowing exchanges in India to hold bank accounts and that doesn’t make crypto illegal in India.
Moreover, with WazirX P2P there’s nothing to worry since you would be dealing directly with an individual.
But the Finance Minister said cryptocurrencies are not legal tender in India. Correct! And rightly so. It means that you can’t buy coffee and pay for it using BTC or ETH. Similarly, you can’t pay for your coffee using USD too. It’s because INR is the only legal tender in India.
But that does not make USD illegal, right? Cryptocurrencies should not be seen as tender but rather as a new class of assets that can be used as an investment option for Indians.