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Crypto-focused funds rejig strategy amid talk of trading ban
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Mumbai: A few blockchain and crypto-focused funds are rethinking their investment strategy amid speculation that trading in virtual currencies would be banned. They are planning for contingencies to ensure they do not face a situation like in 2018 when the Reserve Bank of India cut banking access for the crypto and blockchain community. Though the broader crypto community feels a ban is unlikely, some funds are erring on the side of caution.
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