{"id":28488,"date":"2018-10-24T12:39:54","date_gmt":"2018-10-24T07:09:54","guid":{"rendered":"https:\/\/blog.forumias.com\/?p=28488"},"modified":"2018-10-24T12:39:54","modified_gmt":"2018-10-24T07:09:54","slug":"cryptocurrency-trade-braces-for-rbi-ban","status":"publish","type":"post","link":"https:\/\/forumias.com\/blog\/cryptocurrency-trade-braces-for-rbi-ban\/","title":{"rendered":"Cryptocurrency trade braces for RBI ban"},"content":{"rendered":"<p><strong><a href=\"https:\/\/www.thehindu.com\/todays-paper\/tp-business\/cryptocurrency-trade-braces-for-rbi-ban\/article24344857.ece\">Cryptocurrency trade braces for RBI ban<\/a><\/strong><\/p>\n<p><strong><u>News:<\/u><\/strong><\/p>\n<ol>\n<li>Recently, the Supreme Court has refused to stay the RBI\u2019s directive to banks instructing them to stop all business with dealing in cryptocurrencies.<\/li>\n<\/ol>\n<p><strong><u>Important facts:<\/u><\/strong><\/p>\n<p>2. The RBI\u2019s directive and SC\u2019s verdict have mixed reactions from industry players and analysts.<\/p>\n<p>3. The apex bank\u2019s decision is a big blow to not only crptocurrency trading platform, but also individuals holding crptocurrency.<\/p>\n<p>4. The regulatory framework is being built in relation to the crptocurrency market in India.<\/p>\n<p>5. This framework would not have been in the process of development if the government had the intension to ban crytocurrencies entirely.<\/p>\n<p><u>6. Cryptocurriencies:<\/u><\/p>\n<ul>\n<li>Crptocurrency is digital asset designed to work as a medium of exchange that uses strong cryptography to secure financial transactions.<\/li>\n<li>Cryptocurrency is a kind of digital currency, virtual currency, or alternative currency.<\/li>\n<li>Cryptocurrencies use decentralized control as opposed to centralized electronic money and central banking system.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Cryptocurrency trade braces for RBI ban News: Recently, the Supreme Court has refused to stay the RBI\u2019s directive to banks instructing them to stop all business with dealing in cryptocurrencies. Important facts: 2. The RBI\u2019s directive and SC\u2019s verdict have mixed reactions from industry players and analysts. 3. The apex bank\u2019s decision is a big&hellip; <a class=\"more-link\" href=\"https:\/\/forumias.com\/blog\/cryptocurrency-trade-braces-for-rbi-ban\/\">Continue reading <span class=\"screen-reader-text\">Cryptocurrency trade braces for RBI ban<\/span><\/a><\/p>\n","protected":false},"author":61,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[555],"tags":[],"class_list":["post-28488","post","type-post","status-publish","format-standard","hentry","category-test-1","entry"],"jetpack_featured_media_url":"","views":{"total":0,"cached_at":"","cached_date":1704906160},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/28488","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/61"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=28488"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/28488\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=28488"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=28488"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=28488"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}