RBI Stopped Banks And Financial Institutions From Dealing In Cryptocurrency

Finally Reserve Bank of India clamping down on cryptocurrency like Bitcoin, Etherium etc, by order stop Banks And Financial Institutions From Dealing In Cryptocurrency. After announcement all digital currency traded in indian market falls very sharply and sale almost 25% less from international market.

After this news coming in light all cryptocurrency traders and holders of digital currencies thinking about how to recover their investment. People of India was very excited about crypto but after this they will find difficult to invest in any digital currency. However central bank knows the importance of blockchain technology that lays the foundation of crypto currencies hence they can bring own crypto currency in near future.

RBI gives three month to banks and financial institution to fully stop such operation related to digital currency.

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