Bitcoin, Crypto Assets are not Banned in India: RBI

After a stressful Supreme Court hearing, India conceded that bitcoin and crypto assets are not illegal. The Reserve Bank of India, the country‚Äôs central bank, also stated it did not place restrictions on Bitcoin (BTC) or other virtual currencies. RBI Denies Banning Bitcoin and Crypto Outright, but Banks Face Restrictions The RBI put in place ring-fence regulations, to protect banks and institutions from the risks related to trading bitcoin and other crypto assets, reported the … Continue reading Bitcoin, Crypto Assets are not Banned in India: RBI