The Reserve Bank of India (RBI) has finally said that crypto-oriented businesses can access banking services within the country.
This comes after a long silence since India’s Supreme Court overturned RBI’s crypto ban earlier in the year.
Industry stakeholders are now optimistic that the 1.3 billion population could increase their market share in respective services such as crypto exchanges.
Harish filed the RTI on April 25 seeking to know whether the RBI prohibits any banks from providing accounts to crypto exchanges or traders.
As soon as the Supreme court ruled against its crypto ban, the regulator signaled that it would appeal but it is yet to do so.

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