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Stop Settling Payments for Those Who Deal in Crypto: RBI

India’s Central Banking Authority the Reserve Bank of India has thrown a final blow at those who deal in cryptocurrencies. In the Press release for First bi-monthly Monetary Policy Statement, RBI has clarified that any entity regulated by RBI shall not provide services to any individual or business that deals with virtual currencies such as Bitcoin. Reserve Bank has repeatedly cautioned users, holders and traders of virtual currencies, including Bitcoins,…

You can Buy Bitcoin for Cash or NEFT/IMPS at these Exchanges

Despite the RBI’s banking restrictions, buying and selling cryptocurrency in India is now easier than ever. The exchanges in India have found innovative solutions to keep providing incredible services for trading cryptocurrencies in India. Note: The article was published in January when INR deposits and withdrawals were delayed on exchanges, we are updating the article with latest developments in October 2018. By now everyone has heard the news about the INR…