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Bitcoin struggles for survival in India after RBI clampdown

Tuesday, October 23, 2018, 9:40 AM

In April this year, the Reserve Bank of India (RBI) gave a three-month window to banks and other RBI-regulated entities to wind up existing relationships with firms or individuals dealing in cryptocurrencies. The restrictions came into effect on 7 July, in a big setback to the crypto market in India.

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