Crypto-rupee volumes surge in India as trading shifts to exchanges

A shift from peer-to-peer to exchange-administered funds has fuelled a pointy rise in cryptocurrency trading in India since March 2020. The Supreme Court invalidated an Reserve Bank of India (RBI) ban on crypto funds on 5 March, permitting banks to do enterprise with crypto exchanges.
These exchanges resumed rupee transactions, permitting their prospects to convert rupee to cryptocurrencies and vice versa. The rebound in alternate trading has been accompanied by a thaw in mainstream responses to…

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