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Reserve Bank of India blocking banking services to cryptocurrency firms is impractical, experts say The Reserve Bank of India on Thursday issued a notification prohibiting the country's banks and financial institutions from dealing in virtual currencies, also known as cryptocurrencies, and providing services to entities dealing in them. Such services include registering cryptocurrency service providers, ...
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UPDATE 2-Cryptocurrency miner Canaan eyes IPO; bets on China's push for chip industry Canaan Creative, one of the world's top cryptocurrency mining equipment makers, said it was considering an initial public offering and expected China's push to promote the domestic chip industry to help drive growth for the company. Hangzhou-based Canaan has seen a surge in demand for its mining.
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