RBI is wise enought to not to ban it. Instead they made it difficult to use. Bringing inr into exchanges and taking inr out of exchamges is goes to be stopped. So new people will stop investing and existing users will panic out of market. There are few other ways to invest and take out. But the methods almost everyone using today is going to be banned.
The decision is to ban banks from dealing with Indian crypto exchanges, however there's no mention of banning crypto in the country.
RBI is wise enought to not to ban it. Instead they made it difficult to use. Bringing inr into exchanges and taking inr out of exchamges is goes to be stopped. So new people will stop investing and existing users will panic out of market. There are few other ways to invest and take out. But the methods almost everyone using today is going to be banned.