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.

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