The Deputy Governor of RBI, BP Kanungo, just announced officially that all the services dealing with cryptocurrencies will be banned with immediate effect. So essentially none of the entities regulated by RBI would be able to provide services related to cryptocurrencies to customers.
Read full article here : https://coinfrenzy.io/india-bans-cryptocurrencies/
For more interesting and trending articles, visit : http://coinfrenzy.io/It isn't a surprise for me because India is a corrupt country. Corrupt government and politicians will not let cryptocurrency to be legalize in their country because cryptocurrency is anti corruption. Their corrupt activities specially their transaction will be affected if cryptocurrency become legal.