Bitcoin exchanges suspend operations in India amid govt warning
Summary: India's Bitcoin trading platforms, including the largest, have suspended services following a recent public warning by the central bank over the risks of virtual currencies.
India's largest bitcoin trading platform has suspended its operations, citing a recent public advisory by the central bank highlighting the risks of virtual currencies, according to The Hindu.
The closure of BuySellBitCo.in, which sees about 12 million rupees of Bitcoin transactions monthly, has spooked a number of other trading platforms including INRBTC to stop services indefinitely.
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