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/biz/ - Business & Finance


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27973191 No.27973191 [Reply] [Original]

"In early 2018 India's central bank, the Reserve Bank of India (RBI) announced a ban on the sale or purchase of cryptocurrency for entities regulated by RBI.[68]

In 2019, a petition has been filed by Internet and Mobile Association of India with the Supreme Court of India challenging the legality of cryptocurrencies and seeking a direction or order restraining their transaction.[69] In March 2020, the Supreme Court of India passed the verdict, revoking the RBI ban on cryptocurrency trade.[70][71]

In 2021, the government is exploring the creation of a state-backed digital currency issued by the Reserve Bank of India, while banning private ones like Bitcoin.[72]"

If you think this can't happen in your country, you are dead wrong. Buy Monero and live free.

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