Category: Reserve Bank of India

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Citibank India to Not Permit Card Customers Purchasing or Trading Crypto

Citibank India notified debit card and credit card clients via email on the 13:th of February they would no longer be able to participate in cryptocurrencies such as bitcoin. Citing regional and global concerns from regulators, the over...

India’s Bitcoin Exchange Koinex Suffers From Bank Blocking Crypto Accounts

India continues its shaky experiment with money’s future as its domestic population is wild about cryptocurrency. Its government and regulators are less than thrilled, though. The banking system is siding with minders, causing friction between account holders and...

Despite Multiple Government Warnings, Indians Flock to Crypto Exchanges

The Indian government has been actively issuing warnings regarding the risks of investing in cryptocurrencies such as bitcoin. However, Indians are not deterred, crowding to register at crypto exchanges in the country. Also read: Russian Cryptocurrency Bill Is Ready...