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Will India be lifting ‘Bitcoin’ ban on 29th March?

From blockmanity.com

On April 2018, the Reserve Bank of India (RBI) banned Indian banks from dealing with cryptocurrencies and business dealing with cryptocurrencies. This led to the cryptocurrency businesses being disrupted in India. But last month the Supreme Court of India gave the RBI 4 weeks to develop a framework to regulate cryptocurrencies, and the 4 weeks end on 29th March. It’s being widely speculated in the Indian cryptocurrency markets that the RBI would provide a legal framework for Bitcoin and other cryptocurrencies after 29th March. Although it won’t be legal right after 29th March, if all goes well, a timeline for the ... (full story)

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  • Category: Fundamental Analysis