TL;DR Breakdown • The cryptocurrency ban in India does not have a solid foundation.• India attempting to create digital currency along with Dubai, China, or the United States. The HDFC Bank reports that it is time the Indians give legal access to cryptocurrencies. The cryptocurrency ban is very confusing in India due to the announcements […]

India’s largest banking institution – HDFC Bank – has recently published a report wherein it states that it’s just a matter of time when Indian investors will have legal access to digital currencies. The banking giant recently published a report dubbed “Cryptocurrencies: Fad or Forever?”, the bank’s treasury team led by chief economist Abheek Barua

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Some Indian banks are ignoring the Supreme Court’s verdict declaring RBI’s banking ban for cryptocurrency unconstitutional. The banks continue to decline crypto transactions...