Reserve Bank of India Anticipates Shift to P2P Crypto Trading

[jiasdw]

India’s central bank has released its latest annual report which includes a section dedicated to cryptocurrency. The Reserve Bank of India outlines the risks posed by crypto and emphasizes the need to monitor crypto development in anticipation that some trading may shift from exchanges to peer-to-peer (P2P) mode.


https://news.bitcoin.com/reserve-bank-of-india-p2p-crypto-trading/

[reactorjuno]

The war between Indian and cryptocurrencies is going strong. Well I think it's a lost cause for Indians unfortunately, but I can understand their position on cryptocurrencies as long as it means some scam ICOs.
However, their position towards Bitcoin is sad at this point, but I guess Bitcoin will have to do without India in the future.

[Moeda]

I think this is the Central Bank's concern about the development of cryptocurrency today. It could be that Indian billionaires no longer invest their capital in the Central Bank, but turn to cryptocurrency.