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Tag: India

RBI Restricts Banks From Doing Business With Crypto Related Services

BitcoinNitish SinghApril 5, 20180
RBI Restricts Banks From Doing Business With Crypto Related Services

This Thursday, The Reserve Bank of India (RBI) announced that all banks and financial institutions under its supervision would be barred from dealing with cryptocurrency exchanges and other related services. According to the official statement made by RBI, “It has been decided that, with immediate effect, entities regulated by RBI shall not deal with or…

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