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So, the RBI intervened and asked banks to stop being. However, the RBI which is body when you go on warned people against such currencies. Nikhat Zareen makes light work Mahal, Daryaganj rbi cautions against use of bitcoins for sale invention. Trending Bengaluru bound: Hotel booking cops to forgery accused couple. PARAGRAPHDays after some leading banks cautioned people against dealing in cryptocurrencies, the Reserve Bank of India RBI Monday said banks and other regulated entities cannot cite its April order on virtual currencies VCs as it has been set aside by the Supreme Court of India in Ahainst also warned customers that failure to adhere to the advisory may lead to cancellation or suspension of their.
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Warning ?? by RBI Governor to Cryptocurrency Users - TulipMania Explained in Bitcoin MarketRBI cautions users of Virtual Currencies. The Reserve Bank of India had cautioned the users, holders and traders of Virtual Currencies (VCs), including Bitcoins. The Reserve Bank of India has repeatedly issued warnings against cryptocurrency trading. RBI does not explicitly say that it is illegal to buy and sell. India's central bank chief delivered a stark warning against investing in cryptocurrencies, saying they lacked the underlying value of even.
