If you are an Indian Citizen like me and a Cryptocurrency Investor than you must be kinda Heart Broken right now. Yesterday I got the news around 8 O'Clock in the Night and my Heart just Sank.
Don't get me wrong Cryptocurrencies are not Banned but the Reserve Bank of India is barring Regulated Entities like Banks and Exchanges or other Wallet Providers or any particular Individual to deal in Cryptocurrencies.
RBI has given around three Months to all Regulated Entities to unwind from their current Position. Although RBI has decided to promote the Blockchain Technology in financial services.
I personally am not selling any of my Holdings as I have nothing to lose and everything to Gain if something Positive comes out of it.
What are your Opinions on this Development?