DATE: 06/July/2018,
On April 6,
The central bank came out with circular directing banks to withdraw all services being offered to cryptocurrency industry in three months...💸💸💸💸
As the going gets stressful cryptocurrency industry is toughening itself by adapting to the evolving environment...💰
Interestingly, the response to the SC directive on the digital currency market was not as extreme as it was when the RBI issued a notice to banks three months back...🏦
Ashish Singhal, co-found & CEO of CoinSwitch.co, said the other model that will now gain popularity is the crypto-to-crypto trading, where users convert one virtual currency to another....🗿
However, despite the despondency, exchanges are not about to shut shop any time soon...🛂
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