Well , Nothing Officially announced by RBI, But there are news all around regarding the crypto buy/sell ban against the Fiat.
They say , you will not be able to buy bitcoins or other cryptos or ICOs from your bank accounts. There is news that an extension of 3 Months will be given to all indian business involved in the cryptocurrencies to settle down their customers , so people have time to get out of the crypto world.
But What do you think , After the G20 meet up , Where everything discussed was in favour of cryptos , India ius finally going to ban cryptos?
Well , My opinion on this is that , India , No doubt is a nation of opportunists , and major opportunists are th politicians here , Any Management May it be RBI , Is no doubtedly a puppet of government .
It appears to be a trap , where the government is trying to create an FUD , so They have opportunity for the politicians to put their black money into cryptos, by dragging the indian exchanges down to the bottom.
Please share your views guys.
