Post
Topic
Board Legal
Re: End of road for Cryptocurrencies in INDIA?
by
BChydro
on 05/04/2018, 14:15:52 UTC
Today has been the first bi-monthly Monetary Policy Statement of 2018-19 of RBI, where the central bank has given a 3 months period to sever their ties with the entities using virtual currencies.
So what happens to the users in India, the exchanges will be shutting their doors just like China in three months time, that is not a good news either for bitcoin because two countries with the two biggest population have put some regulations so that people who are interested are not able to trade in crypto currency, which i think is against a democracy like India.