The country which had banned cryptocurrencies in the last few years have now allowed the banks to find traders who want to use cryptocurrencies. The Reserve Bank of India has removed all prohibition from the use of cryptocurrencies.
There was an RTI filed to know about the status of using cryptocurrencies in India, but the RBI clarifies that there is no more such regulation that might prevail. The bitcoin pro website will tell you about the status of bitcoin in India, know more about bitcoin-rejoin.com. It is said that after RBI had announced about the legalization of the bitcoin, the Supreme court had completely quashed the idea of it.
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