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Bitcoin => Press => Topic started by: bitzamp.com on April 19, 2018, 09:36:25 AM



Title: [19-04-2018] Fierce India’s Crackdown Is Provoking Protests On Cryptocurrency
Post by: bitzamp.com on April 19, 2018, 09:36:25 AM
Fierce India’s Crackdown Is Provoking Protests On Cryptocurrency Exchanges
Directive issued by Indian Central Bank states that come July 6, financial institutions must shut down bank accounts of all companies trading cryptocurrency.

Also Read: http://bitzamp.com/tim-draper-the-ban-enacted-by-rbi-is-stupid-and-it-would-lead-to-loss-of-talent-in-india/ (http://bitzamp.com/tim-draper-the-ban-enacted-by-rbi-is-stupid-and-it-would-lead-to-loss-of-talent-in-india/)

This means that by July, banks and lenders in India will no longer conduct transactions for financial purposes or with companies or individuals that operate with cryptocurrencies.

Read More: https://bitzamp.com/fierce-indias-crackdown-is-provoking-protests-on-cryptocurrency-exchanges/ (https://bitzamp.com/fierce-indias-crackdown-is-provoking-protests-on-cryptocurrency-exchanges/)