Post
Topic
Board Bitcoin Discussion
Re: End of road for Cryptocurrencies in INDIA?
by
QuestionAuthority
on 05/04/2018, 21:54:01 UTC
I think this is once again one of those instances where people are running with a story that are factually wrong. India has not

said that it is banning Crypto currencies, but nothing is stopping the media to run with that story. The FUD wagon is running

on no brakes now.  Roll Eyes The sites that I have found reporting on this, is by far not anywhere close to reputable media outlets.

Time will tell if I am wrong.  Cheesy

Forbes, CNBC, Bloomberg, Reuters, etc. are running the story and quoting a statement released by the Reserve Bank of India. I think it’s real enough. See the actual press release below.

https://rbidocs.rbi.org.in/rdocs/PressRelease/PDFs/PR264270719E5CB28249D7BCE07C5B3196C904.PDF

This might interest some of you: https://www.cnbc.com/2018/03/27/a-complete-guide-to-cyprocurrency-regulations-around-the-world.html