Legit Trading of Cryptocurrency in India | | Corporate Law Attorney in Delhi NCR | Corporate Lawyer in Delhi NCR |
which meant that Banks and other financial institutions did not consider “cryptocurrency”
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Until recently, “Cryptocurrency” was neither recognised nor regulated by the entities of the Reserve Bank of India (RBI), which meant that Banks and other financial institutions did not consider “cryptocurrency” as a medium of exchange. Although, private players of cryptocurrency did operate in India, yet there was no security or protection from the Reserve Bank of India (RBI) or its entities.
