If You Hold Bitcoins In India, Here’s What You Can Do

Starting today, banks won’t allow payments for cryptocurrencies through their systems. 

The Reserve Bank of India had asked them to stop providing services to firms and individuals who deal in bitcoins and other such virtual money. And exchanges got no relief from the Supreme Court. While a bench headed by Chief Justice Dipak Misra agreed to hear the petition by the Internet and Mobile Association of India on July 20, it said the RBI’s order will be implemented.
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