My fellow Steemians,
The Reserve Bank of India (RBI) has shut down the buying of Cryptocurrencies via banks or E-wallets with immediate effect for individuals or business entities.
The RBI said that technological innovations, have the potential to improve the efficiency and inclusiveness of the financial system. However, Virtual Currencies (VCs), also variously referred to as crypto currencies and crypto assets, raise concerns of consumer protection, market integrity and money laundering, ...
Thank you for reading!