India Sees: - "Increase in Cryptocurrency Trading Volume Despite the Ban"

in india •  7 years ago 

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Despite the ban on banking services for entities, this trading volume has increased with the prices of cryptocurrency in India. Before the Reserve Bank of India replaces the Cryptocurrency Act, the investors can avail the three-month window.

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These three months financial institutions have to shut down services for cryptocurrency investors, merchants and exchanges. This deal was announced by the Reserve Bank of India a month ago in the cryptocurrency bans.

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It was similar to the levels before the changes of these rules were announced. Its reports by the Indian Cryptocurrency Exchange Coin delta indicate that its daily trading volume is about $ 75 million.

source https://bitnewsbot.com/india-sees-rise-in-cryptocurrency-trading-volumes-despite-ban/
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