India’s regulatory woes pertaining to cryptos now seem to be easing a little, despite the absence of a clear consensus. Regardless, the threat of private cryptocurrencies being banned has stalled for now, with the banking sector already opening its doors to the crypto-community.
In fact, according to a local media report, the country’s Kotak Bank has formed a business relationship with top crypto-exchange WaxirX. This development comes on the back of almost eight months of payment freeze followed
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