2018-7-8 01:02 |
Regulation
Indian police are reportedly facing a challenge of how to liquidate cryptocurrencies they seized since the country’s central bank, the Reserve Bank of India (RBI), has banned banks from providing services to crypto exchanges.
The RBI ban is now in effect and a growing number of crypto exchanges have already announced they will no longer allow withdrawals from cryptocurrencies into rupees.
Pune is the second largest city in the Indian state of Maharashtra, after Mumbai.
Amit Bhardwaj was arrested by the Pune police at the Delhi airport after returning from Thailand.
Banks had three months to stop providing services to companies dealing in cryptocurrencies, including crypto exchanges.
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