Quote from: happyme1818 on April 05, 2018, 01:39:55 PM

Quote from: orangetax on April 05, 2018, 12:32:05 PM

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/
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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.

I think it's just on the contrary. Corrupt politicians would be happy to get paid with anonymous cryptos.
So, from this point of view the banning seem illogical to me.