A group of banks in India has begun to issue warnings to customers threatening to close their accounts in the event that they are found to have performed acts involving the use of cryptocurrencies.
According to a tweet published by Indian CryptoGirl, the banks that have issued the warnings indicate that they have done so in order to comply with regulations issued by the Royal Bank of India (the country’s central bank). One of the tweets shows how the RBI has compelled banks to close the accounts of any user of cryptocurrency in what seems to be a move to indirectly ban them.
I think its not good at all.Many indian is crypto traders.In India Bitcoin is acceptable but why they forbidden to use crypto currency.I argue this decision personally.
Source : https://ethereumworldnews.com/banks-india-close-accounts-crypto-users/
