India is not here for your cryptocurrency BS

Klik hier om een tekst te typen.Government officials with the Reserve Bank of India announced on Thursday that, effective immediately, banks would be prohibited from "dealing with or providing services to any individuals or business entities dealing with or settling virtual currencies."

Essentially, that means people in India are now unable to move money from bank accounts to exchanges in order to buy cryptocurrency. What's more, if you've sold your fat gains for cash, you are no longer able to move that money back to your bank account.

So reports The Economic Times, which quotes an RBI press release as noting that, going forward, "any user, holder, investor, trader, etc. dealing with virtual currencies will be doing so at their own risk."

 

Lees hier verder

Reactie plaatsen

Reacties

Er zijn geen reacties geplaatst.