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With RBI's near-ban announcement, cryptocurrency prices crash sharply

From an 8% premium, quoting at 27% discount to international price with investors' distress sales

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Without saying so categorically, the Reserve Bank of India (RBI) as good as banned crypto currency on Thursday. As a result, prices of bitcoin and other crypto currencies on Indian exchanges have crashed.

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First Published: Apr 05 2018 | 11:36 PM IST

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