RE: Your bank will not allow you to buy bitcoins anymore

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Your bank will not allow you to buy bitcoins anymore

in blockchain •  6 years ago 

Is this ban going to work? How Indians are buying crypto? If the same ban will happen tomorrow in Russia people will just lough and continue buying crypto with rubles like nothing happened. There are dozens of internet companies and systems for payments like paypal and hundreds of places where can use them to buy crypto. So all this "bans" from banks are just FUD that will push money from Indian banks somewhere else.

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They are trying to stop cryptocurrencies from entering indian market as it is popular means to evade tax.