Post
Topic
Board Bitcoin Discussion
Re: Breaking News-India is in Favor of Crypto, what’s next?
by
eskider
on 01/07/2020, 07:50:22 UTC
The reversal of RBI’s banking ban by the Supreme Court in March, followed by the central bank clarifying that financial institutions were no longer prohibited from providing services to crypto-related entities, shows a change in the way cryptos are perceived in India, highlighted Singhal:

“Right now, the proposed draft bill has a low probability of passing. There are smart people in the government who would take the right steps forward rather than just banning cryptos altogether.”