Indian Bitcoin Exchange Founder Blasts the Prime Minister Over Crypto Ban

Kunal Barchha, co-founder of CoinRecoil — an Indian Bitcoin exchange platform has lambasted Prime Minister Narendra Modi over the country’s negative stance on cryptocurrencies. India continues to double down on its anti-crypto leanings with reports of an impending blanket ban. Meanwhile, more exchanges are leaving the country due to lack of access to banking services.

In an open letter to Prime Minister Modi, Barchha stated that the country’s central bank approach to the cryptocurrency sector was killing the industry in India, as the government wasn’t forthcoming with regulatory policies regarding cryptocurrency.

Original source

Add comment

Please Sign in to be able to leave comments.