Officials in India met to discuss potential ban on private use of cryptocurrencies. In December 2013, the RBI released a letter advising against the use of digital currencies. A meeting was held recently in India with the Financial Stability and Development Council (FSDC). India’s finance minister, the head of the securities board, and the governor of the Reserve Bank of India (RBI), were all in attendance discussing the digital currency market. The officials during their meeting, discussed the potential for banning private use of cryptocurrencies. This isn’t the first time India and cryptocurrency ban have been used in the same headline. Back in December 2013, the RBI had published a letter on their website, which was cautioning Indian citizens against using cryptocurrencies. They highlighted the concern of how no central bank had authorized cryptocurrencies as a means of payment. Advising that the public avoid the use of digital currencies. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street Crypto News share Read Next NZD/USD: bears looking for a test of the 61.8% Fibo FX Street 4 years Officials in India met to discuss potential ban on private use of cryptocurrencies. In December 2013, the RBI released a letter advising against the use of digital currencies. A meeting was held recently in India with the Financial Stability and Development Council (FSDC). India's finance minister, the head of the securities board, and the governor of the Reserve Bank of India (RBI), were all in attendance discussing the digital currency market. The officials during their meeting, discussed the potential for banning private use of cryptocurrencies. This isn't the first time India and cryptocurrency ban have been used in the… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
