Friday FUD Busting: Indiaβs βBitcoin Banβ Will Not Impact Exchanges
India is once again a center of misinformation over cryptocurrency regulations as fresh reports erroneously claim its central bank has banned trading. Devil In The Detail Following a statement from the Reserve Bank of India (RBI) April 5 which addressed various economic issues multiple media reports began claiming a China-style shutdown of Bitcoin and other cryptoassets was imminent. βWith immediate effect entities regulated by RBI shall not deal with or provide services to any individual
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