RBI clarifies banks cannot prohibit dealing in cryptocurrency

Last updated: 02 June 2021 Follow on Google News

The Reserve Bank of India has issued a clarificationfor banks and thegeneral public at large, stating that its earlier circular on the prohibition of usage of virtual currencies including bitcoins is no longer valid as the same was set aside by the Supreme Court on 4th March 2020. Read the official

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CCI News Desk

Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

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