India Bans Banks from Processing Cryptocurrency Purchases

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Former Indian Finance Ministry Official Skeptical of Effective Bitcoin Regulation

Indian citizens could not buy cryptocurrency with their checking account, inning accordance with brand-new steps taken on by the nation’s reserve bank. The sweeping plan, introduced on Thursday by the Reserve Bank of India (RBI), forbids RBI-regulated organizations from enabling their clients to acquisitions cryptocurrencies, as well as it likewise prevents financial institutions from supplying solutions to organisations “dealing … Continued

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