Cloud lifts over cryptocurrencies, but volatility remains: Analysts

Start with small investments, but exclude from portfolios aimed at key financial goals

Bindisha Sarang | Mumbai
Last Updated at June 4, 2021 06:10 IST

bitcoin, cryptocurrency, digital, exchanges

RBI’s latest instruction has bolstered the view that Indian investors may be allowed to invest in cryptocurrencies

Last week, the Reserve Bank of India (RBI) asked banks not to cite its 2018 order as a reason for denying services to customers who deal in cryptocurrencies. After this, both the cryptocurrency industry and investors heaved a sigh of relief. It appears that India may not emulate China and deny the industry access to banking services.

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