India Orders Banks to Drop Cryptos, Studies Issuing its Own Digital Coin

India Orders Banks to Drop Cryptos, Studies Issuing its Own Digital CoinThe Reserve Bank of India (RBI), the nation’s central bank, has directed all regulated entities including banks not to provide services to businesses dealing in cryptocurrencies such as bitcoin. RBI is doing so to protect consumer interest and to slow money laundering, the bank’s press release stressed. RBI also announced formation of an official study […]

The post India Orders Banks to Drop Cryptos, Studies Issuing its Own Digital Coin appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico