On 6th Apr 18, RBI decided to impose a kind of ban on bitcoin in India without any investigation which leads to make fun of RBI at the global level. RBI directed all the bank not to transact with a person, firm or entity involved in cryptocurrency. Also RBI gave the time frame of three month to all the personnel, firm or entity or Indian exchanges such as zebpay, unocoin, coinsecure, bitbns, koinex etc. to wrap up the business of cryptocurrency. And this time limit is expiring on 5th Jul 18.
One interesting fact about this incident is that on 3rd Jul 18 the hearing is in the supreme court of India. And I am quite sure that bitcoin and other cryptocurrencies will be legal after the verdict of supreme court of India. So lets enjoy the pre celebration.................
What you guys think about it?
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