India starts the war against Bitcoin

Home » BITCOIN » India starts the war against Bitcoin
India starts the war against Bitcoin

Indian banks have started a dangerous war against Bitcoin exchanges and the cryptocurrency industry in general. Indian biggest and most successful banks State Bank of India (SBI), Axis Bank, HDFC Bank, ICICI Bank and Yes Bank have taken under close consideration or strongly limited the operations that can be done on the exchange accounts, connected to Bitcoin.

The banks want to oppose the online terrorism and a great number of scams that are usually associated with the cryptocurrencies. What is more, the Ministry of Finance has officially started treating Bitcoin as a ponzi scheme in the end of 2017.

  • bitcoinBitcoin$4,054.70
  • ethereumEthereum$138.86
  • rippleXRP$0.316925
  • tetherTether$1.00
  • eosEOS$3.71
  • stellarStellar$0.110191
  • litecoinLitecoin$59.81
  • cardanoCardano$0.054274
  • tronTRON$0.022754
  • moneroMonero$53.89
  • iotaIOTA$0.297635
  • nemNEM$0.050288
  • dashDash$92.59
  • neoNEO$9.30
What is Bitcoin?
The cryptocurrency industry is becoming more and more popular all around the world. Despite the fact that there are more than 1000 different cryptocurrencies and the number keeps growing, cryptocurrency is often associated with Bitcoin. Bitcoin is the first modern cryptocurrency in the world; it attracts thousands of users and investors from different countries. Millions […]
2019-03-20 0 41
Bitcoin, Ethereum, Ripple, Monero, Dash, Tron: major differences and features
Investors see different names of cryptocurrencies and the movement of their courses, but typically don’t even know why the digital coins are so popular. Most of us have already Googled “How to buy Bitcoin” or “How to sell Ethereum”. Cryptocurencies are becoming more and more popular: Bitcoin price is fluctuating and its value is not […]
2019-03-19 0 40
What is Blockchain?
“Giving users easy access to many different kinds of digital assets on the blockchain and, particularly, tokens that are linked to assets in the real world, is crucial to seeing blockchain adoption reach the next level, and I applaud Digix Global’s initiative in being the first of many such projects to successfully launch” – Vitalik […]
2019-03-06 0 40
Anton Vokrug, the CEO of DataTrading, about the financial markets and cryptocurrencies
The topic of cryptocurrency regulation will be actual for several more years in Ukraine. The Government of Ukraine has already taken steps towards the adoption of relevant cryptocurrency-related laws. In particular, the Ukrainian officials work on the legalization of the project “The Concept of State Policy in the Field of Virtual Assets”. However, what does the regulation really mean […]
2019-02-27 0 142
© 2017–2018