Re: India closes doors for Crypto Currency

Quote from: senne on April 05, 2018, 03:47:28 PM

According to recent news, RBI which is India's central banking institution has advised to stop transactions from any crpto exchanges. This will stop the buying and selling of bitcoin and changing into local currency. Official statements hint more bad days for bitcoin.

For more info, check : https://economictimes.indiatimes.com/wealth/personal-finance-news/your-bank-will-not-allow-you-to-buy-bitcoins-anymore/articleshow/63627123.cms
https://ambcrypto.com/bitcoin-btc-banned-in-india-reserve-bank-of-india-releases-an-official-statement/

Actually there is no reason if India forbids the existence of bitcoin or any other kind, because we know that the existence of digital currency is not to harm many parties, even that is the opposite, indeed every country has different choices or laws in other countries, so what is the reason India forbids or closes Crypto currency ..