[Cryptography] India Crypto Currency Ban

[grarpamp]

On Sat, Apr 7, 2018 at 4:23 AM, Sandeep Kamboj <sandeep2147 at gmail.com> wrote:
> "India Crypto Currency Ban"

Fake News!

> India's central bank has announced a ban on the sale or purchase of
> crypto-currency.

No such jurisdiction beyond themselves.

https://rbidocs.rbi.org.in/rdocs/PressRelease/PDFs/PR264270719E5CB28249D7BCE07C5B3196C904.PDF
https://medium.com/@blockchainlawyer.india/rbi-press-release-05apr2018-fud-and-what-it-really-means-and-what-it-doesnt-e11a82efb219
https://thenextweb.com/hardfork/2018/04/06/no-india-not-just-banned-virtual-currencies

Indians are still free to buy / sell / hold / use cryptocurrency amongst
themselves and business however they want, including via exchanges.

And even if they weren't, hardly anything short of pulling the plug on
the internet will stop cryptocurrency.

> "In view of the associated risks

Fake Risks!

> entities regulated by RBI shall not deal with or provide services to

RBI stock price drops on news as competitors move in.

More govt shenanigans
https://wikipedia.org/wiki/2016_Indian_banknote_demonetisation