Indian Central Bank Comments on Cryptocurrency Limitations – Bitcoints

bitcoin

Published on July 12th, 2018 | by bitcoin

0

Indian Central Bank Comments on Cryptocurrency Limitations

Indian Central Bank Comments on Cryptocurrency LimitationsRegulation

India’s central bank has responded to a representation about its crypto banking ban.
The Supreme Court gave the central bank seven days to reply following a hearing last week of the petition by the Internet & Mobile Association of India against the ban.
Japan Confirms Entrance Into the Crypto Space
RBI’s Response
India’s central bank, the Reserve Bank of India (RBI), has responded to a representation submitted by the Internet & Mobile Association of India (IAMAI), as directed by the country’s Supreme Court.
The Court ordered the central bank to reply within seven days.
As the ban went into effect on July 5, banks began closing accounts of crypto exchanges.

Source: News.bitcoin.com

Tags: , , , , , , , , , ,



Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Back to Top ↑