Bitcoin banned in India

MUMBAI: The Reserve Bank of India (RBI) on Thursday barred banks and financial institutions from dealing with virtual currencies including Bitcoins and said that it was time and again warning users of virtual currencies regarding the risks associated with it. 

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https://economictimes.indiatimes.com/industry/banking/finance/banking/india-shuts-down-bitcoins-other-virtual-currencies-prohibits-any-dealing-with-banks/articleshow/63627611.cms