Bitcoin price: BTC plummets as Indian banks shut down cryptocurrency trading accounts
BITCOIN prices were sent plummeting after many of India’s leading private banks targeted and suspended cryptocurrency exchange accounts in a bid to curb digital currency trading.
"Banks across India are cracking down on bitcoin trade, months after Finance Minster Arun Jaitley publicly denounced the digital currency." - says SEBASTIAN KETTLEY
"Bitcoin exchanges in India are now under fire, with the State Bank of India (SB), Axis Bank, HDFC Bank, ICICI Bank and Yes Bank reportedly closing or limiting activity on accounts tied to bitcoin trade."