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Reserve Bank of India

Zebpay shuts down exchange activities

The Indian cryptocurrency exchange platform Zebpay has suspended its activities due to the banning of the country's Reserve Bank to offer banking services to companies that operate electronic currencies. Since last Friday September 28th users of the platform, which so far total more than 3 million,…

India forbade banks from operating with cryptocurrencies

The Reserve Bank of India banned the country's banking entities from operating with individuals or companies that work with cryptocurrencies. "While virtual currencies have the potential to improve efficiency and inclusion in financial…