India: News coming from india that the reserve Bank of india on May 22, said that the traders Have not to worry because there is no prohibition on banks in providing account to traders Who are dealing with cryptocurrency.This comes as a response to the Right to Information (RTI) filed by Unocoin cofounder BV Harish, who raised concerns by traders seeking for clarity as banks continued to impose restrictions on crypto trade despite the ruling by the Supreme Court.
Further it's a happy news for the all the indian traders out there.In another update, Mumbai-based cryptocurrency exchange aggregator CoinDCX raised $2.5 Mn in funding led by existing investor Polychain Capital, alongside San Francisco-based Coinbase Ventures. The company will be using the fund to scale up its tech, business operations and increase crypto adoption in the country.
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