* Cryptocurrency markets dead in India? * भारत में क्रिप्टोमुद्रा बाज़ारों का अंत? – समझिये सरलता से *
While the cryptocurrency ecosystem in India was always under a cloud due to the government and RBI having sustained doubts about its end-use, the April 2018 order by RBI banning regulated entities from dealing in CC trade after 90 days may sound the death-knell for CC Exchanges. From a self-regulatory or RBI-mandated system, we are witnessing a possible death sentence. An analysis.
Sandeep Manudhane explains the entire evolving dynamics of the situation.
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