Is India About To Keep Its Crypto Trading Ban?

Is India About To Keep Its Crypto Trading Ban?
фото показано с : bitcoints.com

2018-7-19 23:41

Brief history of cryptocurrencies in India India has not been perfectly cohesive in its stance toward crypto.
If an Indian citizen wants to exchange crypto to fiat, then they will need to turn to marketplace exchanges or the black market, the Times of India explains.
Additionally, crypto exchanges and companies cannot receive loans from banks in India, according to the legislative.
In May, seven of India’s largest banks joined a blockchain-powered trade finance initiative led by local IT giant InfoSys.
The alliance, known as India Trade Connect, includes participants such as Axis Bank, ICICI and South Indian Bank.

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