The $4.26 billion answer to why RBI may be right in banning cryptocurrency

The $4.26 billion answer to why RBI may be right in banning cryptocurrency – Times of India

The Reserve Bank of India’s stance on bitcoin and other forms of cryptocurrency has always been clear: they’re not really welcome in India. Back in April 2018, when India’s apex financial institution banned cryptocurrency in the country it specified the risks like money laundering scams and others.