Petition update

RBI Circular banning banks from dealing with cryptocurrency exchanges

Blockchain and Cryptocurrency Committee (BACC) of IAMAI

May 25, 2018 — As you know, the RBI released a circular on 6th April, 2018 barring banks from dealing with cryptocurrency exchanges. They have given banks 3 months to wind down operations.

If this comes into effect, from July onwards, Indians will not be able to do Rs transactions with exchanges. This will serve as a death knell to the future of cryptocurrency revolution in India.

The cryptocurrency industry has already taken this matter with the RBI via the Supreme Court via IAMAI.

Please share this petition with your friends and family and ask them support the withdrawal of the RBI circular by signing this petition.


Keep fighting for people power!

Politicians and rich CEOs shouldn't make all the decisions. Today we ask you to help keep Change.org free and independent. Our job as a public benefit company is to help petitions like this one fight back and get heard. If everyone who saw this chipped in monthly we'd secure Change.org's future today. Help us hold the powerful to account. Can you spare a minute to become a member today?

I'll power Change with $5 monthlyPayment method

Discussion

Please enter a comment.

We were unable to post your comment. Please try again.