did you know?
many estimates indicate that rupee-denominated bitcoin trades now generate the third-largest volumes after the American dollar and Yen.
2/ The ruling these risk-averse banks were referencing is now officially āset asideā and āno longer validā.
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RT @TheYoungDoer
RBI (Reserve Bank of India) clarifies Banks cannot stop users from trading in Cryptocurrencies.
The circular cited by banks has been set aside by supreme court.
This is Really Huge š
@NischalShetty @balajis @akshaybd @ThatNaimish @KavitaGupta19
#IndiaWantsCrypto š®š³š®š
https://twitter.com/TheYoungDoer/status/1399367112792047619
āRBI (Reserve Bank of India) clarifies Banks cannot stop users from trading in Cryptocurrencies. The circular cited by banks has been set aside by supreme court. This is Really Huge š @NischalShetty @balajis @akshaybd @ThatNaimish @KavitaGupta19 #IndiaWantsCrypto š®š³š®šā
There is an urgent need of crypto guidelines, and India can set a great example by formulating enabling guidelines for #cryptotrading.
So they are mulling to regulate it and not put indirect bans on it.
This will be a great move by government.
Well, I am sad to say but the Government of India is constantly trying to ban all cryptocurrencies. I fear what will happen next. Ban on cryptocurrencies is a step of the Government to take power away from the people. However, This is contrary to the ongoing privatization of several public sector banks and insurance companies.
Hey thereš , if you are an #Indian and arenāt on the LBRY discord, do join here http://chat.lbry.com because thereās some exciting news coming for Indians. #IndiaWantsCrypto #crypro #india #lbry #bitcoin #contentcreators see ya āš½
š¦š: https://twitter.com/LBRYSupporters/status/1250114023317598208