Current status of Bitcoin / Crypto Currency in India.

in #bitcoin6 years ago

KryptoMoney.com-RBI-working-on-regulation-policies-for-Cryptocurrency-in-India-.jpg

On April 6, Reserve Bank of India issued a Circular DBR.No.BP.BC.104 /08.13.102/2017-18, prohibited all banks and financial institutions under the RBI’s control from giving services to crypto currency exchanges. All big crypto currency exchanges are preparing to stop fiat currency withdrawal. After few days we can see more downfalls in the crypto market. Main reason behind the downfall is Youtubers are manipulating crypto market in India. We are humble request to all crypto holders to have patience. Hopefully everything will be fine in coming days.