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No, India hasn't banned cryptocurrencies Reserve Bank of India issued a press release on Thursday that had a directive for withdrawing support to virtual currency businesses. The news sent a frenzy across the Indian cryptocurrency community and everyone could only talk about how India's central bank has 'banned' cryptocurrencies.
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Take the Cryptocurrency Challenge! Cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) have been taking center stage in everyday conversation, and many people have differing opinions on cryptocurrency regulations, blockchain technology, and the possibility of cryptocurrencies taking over from 'real' currency.
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