India’s Bitcoin Trading Volume Plummets amid Banks’ Blockade of Exchanges


Regulatory and bank challenges are pressuring cryptocurrency exchanges in the country, as evidenced by a 90% decline in volume on bitcoin trading platforms. The Reserve Bank of India, its central bank, has not put the hammer down on trader accounts, but Indian banks have taken a two-pronged approach that’s denting trading activity, including closing bitcoin

The post India’s Bitcoin Trading Volume Plummets amid Banks’ Blockade of Exchanges appeared first on CCN

Posted by Gerelyn Terzo on March 20, 2018 @ https://www.ccn.com/indias-bitcoin-trading-volume-plummets/

Comments are closed.