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India’s Central Bank Clamps Down on Crypto
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India’s Central Bank Clamps Down on Crypto

India’s Central Bank Clamps Down on Crypto

Fintech Nexus Staff·
FintechNews Roundup
·Apr. 6, 2018·1 min read

According to the bank statement, “In view of the associated risks, it has been decided that, with immediate effect, entities regulated by RBI shall not deal with or provide services to any individual or business entities dealing with or settling [virtual currencies].”; the government had previously issued warnings about risks around trading cryptocurrencies; the Reserve Bank of India is more open to the development of blockchain technology. Source

  • Fintech Nexus Staff
    Fintech Nexus Staff

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