India starts the war against Bitcoin

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2018-01-21
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.

CRYPTOCURRENCIES
  • bitcoinBitcoin$3,612.22
  • rippleXRP$0.322734
  • ethereumEthereum$120.04
  • tetherTether$1.00
  • eosEOS$2.43
  • stellarStellar$0.106313
  • litecoinLitecoin$31.12
  • cardanoCardano$0.043765
  • tronTRON$0.023848
  • moneroMonero$44.77
  • iotaIOTA$0.311224
  • nemNEM$0.056063
  • dashDash$70.36
  • neoNEO$7.56
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