The Reserve Bank of India has given a huge relief to crypto investors and traders by clarifying that banks and other entities cannot use its 2018 order on virtual currencies to caution their customers. This gives investors more clarity on trading in Bitcoin, Dogecoin and other popular cryptocurrencies. The central bank said that its order was set aside by the Supreme Court and cannot be cited by the banks. The clarification comes after reports suggesting that several banks are not allowing access to crypto trading platforms and had warned them against trading in digital currency.
Source: India Today
