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Topic: Indian Central Bank causes Largest Bitcoin Exchange Shutdown [Updated] - page 4. (Read 4791 times)

legendary
Activity: 1442
Merit: 2282
Degenerate bull hatter & Bitcoin monotheist
Old news.  No one cares. 
legendary
Activity: 2156
Merit: 1070
Indian Central bank warnings forced the Largest bitcoin exchange and other exchanges in India to Shutdown:

http://www.thehindu.com/business/Industry/bitcoin-operators-shut-shops-in-india-amid-rbi-warning/article5504407.ece



Thanks for the FUD.  Whatever shall we do without all those Indian investors.
sr. member
Activity: 308
Merit: 251
Giga
Indian Central bank warnings forced the Largest bitcoin exchange and other exchanges in India to Shutdown:

http://www.thehindu.com/business/Industry/bitcoin-operators-shut-shops-in-india-amid-rbi-warning/article5504407.ece

The Central Bank however "stopped short of issuing a ban"

Personally, i doubt this will affect price much as i believe Indians are not invested in as much as China for example.


*****

Update: Indian government is now RAIDING Bitcoin exchanges

http://www.coindesk.com/indian-authorities-swoop-buysellbitco/
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