RBI will make future of India in Crypto Currencies : RBI Crypto news
MUMBAI, INDIA | In the recent news of 30 MAY, 2021, some source says Reserve Bank Of India (RBI) will make a new role in Crypto / Virtual Currency to create new digital future for Indians whom are mostly trusted in Crypto investment and existing customer of WazirX India.
Its an positive news for Indian Crypto Exchanges like WazirX, Coinswitch, ZebPay.
Before this, Indian Government and RBI were not supported for Crypto/Virtualcurrency to offer Indians to invest in Crypto. RBI and Indian goverment says Crypto is illegal in india but Supreme Court many time judgements in the rights for Crypo as a freedom currency.
A new Tweet out now on @rbi official twitter handles, See below.
Actually, its not a clear support in the cryoto openly, might it will be a precation for india to follow and make their interest in cryptoCurrencies.
See below some guidance and recation and privacies.
CUSTOMER DUE DILIGENCE FOR TRANSACTIONS IN VIRTUAL CURRENCIES.
|Customer Due Diligence for transactions in Virtual Currencies (VC)|
If you are believe RBI finally accepts Crypto, then might you will be wrong. You should have to read this carefully before investing in Crypto/Virtual Currencies. In the future, RBI will be accept Crypto because of Recent HDFC bank’s interest in cryptoCurrencies.
Many Acts, rules and policies will be applied for every indians, to take safety in crypto to confirms its following rules for virtual transactions.
WRITTEN BY RKM