December 3, 2022

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Did the Reserve Bank of India ‘pump’ the price of Bitcoin on Monday?

1 min read

The central bank of India issued a new memo on Monday making it clear that BTC is not banned in the country.

It has not been since early AMrch last year, but the RBI felt a need to clarify yesterday as per the memo below:

The central bank of India issued a new memo on Monday making it clear that BTC is not banned in the country.I doubt it was a pump but I’m sure some will see it that way, or not? 

BTC update, circa US$36.8 as I post, recovering from a soft weekend. 

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