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Bitcoin Will be Much More Expensive in India Under Modi’s Government

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By CCN: The re-election of Narendra Modi as India’s prime minister is going to make bitcoin trading come with a premium in the country. It is partially due to a full-fledged trading market that went underground abruptly owing to a blanket ban announced by the Reserve Bank of India (RBI). Panicked traders shuffled to a few known cryptocurrency exchanges such as ZebPay and UnoCoin to either withdraw or sell their bitcoins. Many of them to this date trade cryptocurrencies away from the watchful eye of law and lawmakers — and they believe a potential crypto ban at the behest of

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* First published on ccn.com

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