Post
Topic
Board Bitcoin Discussion
Indian RBI bans banks from dealing with crypto currency exchanges - A new FUD ?
by
CryptoScorpio
on 05/04/2018, 15:55:49 UTC
A few hours ago the news came that Indian central bank known as RBI is banning all the banks from dealing with Cryptocurrency exchanges in India. India's stance over Cryptocurrency was not good. Today it's a black day in Indian Crypto history. People all over are signing petitions against govt and RBI. I always feel that if a government cannot understand a technology completely and bans it with out even try to control it is a bad government and people will not feel comfortably stay under it. India should come forward and adopt blockchain and cryptocurrency. I am going to sign a petition and we will discuss in my telegram group about what to do if government go against Indian crypto investors. The same happened in Israel and supreme Court gave decision in favor of Crypto investors.


Source :   https://www.google.co.in/amp/s/www.cnbc.com/amp/2018/04/05/indias-central-bank-bans-financial-firms-from-dealing-with-cryptocurrency.html

Source :  https://cointelegraph.com/news/israeli-supreme-court-prohibits-banks-from-restricting-crypto-activity-in-landmark-decision

My telegram group: https://t.me/cryptochatindia

Crypto should win over governments.