India’s Central Bank, the Reserve Bank of India (RBI) made a big move in the ongoing global regulatory push on cryptocurrencies as it decided to no longer provide services to any person or business that deals with cryptocurrencies.
This decision followed confrontation between banks and Bitcoiners, and also came off the back of the Indian government claiming that “Bitcoin is a ‘ponzi scheme”, and that it lacks intrinsic value.
the Indian government also announced that they would support blockchain and even look into potentially launching their own cryptocurrency.
India’s relationship with Bitcoin is rocky at best, but also confusing and convoluted, and well worth examining as so much has happened in just the past few months.
I don't know in future what going on in India
Bitcoin never stop
Off course bitcoin is future currency it will never stop
India bloakchain currency ko support nhi karti shayad karti to aaj bitcoin hindi kahi deti
they should support crypto
In India crypto is not going to ban but RBI have some problem on the spongy scheme and scam , fraud coin so they thinks and I think RBI lauch it's own crypto currency
yes u r right
Bitcoin ban India??
No not ban in India but regulations of Bitcoin in India it take some time
ya chezay maray palay ni parti
Hmm sabhi ko sabhi kuch samjh aye ye jaruri ni h bhai
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Bitcoin is a global currency and I think it should not be ban in India.
Yaa RBI will take back it's decision
we have to keep patience, i think. hope for the best.
RBI think crypto investor and do favor for this
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It all right bro we support each other
To grow on steemit
If We will support each other..
Then we will grow together..
India m bitcoin kv band ni hoga bhai