Hern, A. Christl, W.
If you read the RBI circular they have never used the words ban pertaining to bitcoins.
TERMS OF SERVICE
Account on potentially unlawful online platforms designed for trading digital assets. Older Posts. Designed for a cryptocurrency exchange or other bringer of cryptocurrency-based financial services to be compliant under such rules, it would need to restrict its activities en route for cryptocurrencies such as Bitcoin and Ethereum which do not have the confidentiality characteristics that have been sought as a result of cryptocurrency advocates for decades. They chew the numbers needed to verify all transaction.