[13-06-2018] RBI Admits it did no Research Before Issuing Restrictions on Crypto

[bitzamp.com]

India’s central bank, The Reserve Bank of India, got cracking on cryptocurrencies by announcing a ban on April 5th this year. They decided not to provide banking or financial services to anyone who engaged within cryptocurrencies. The country’s central bank directed lenders to close down bank accounts of cryptocurrency exchanges and its users within three months. With all

Read More: https://news.bitzamp.com/indias-central-bank-admits-it-did-no-research-before-issuing-restrictions-on-cryptocurrencies/

[Krishniche]

The country's stands confused on the matter of cryptocurrencies. It is now in the hands of SC to decide the path.