This is news, not investment advice. The Reserve Bank of India has banned banks from cryptocurrency transactions. This means that You will not be able to purchase cryptocurrencies through banks or e-wallets or any other entities regulated by India’s central bank. So let’s take a look. Today online broker Monex announced its decision to buy Japanese cryptocurrency exchange Coincheck. And Japan has announced guidelines for the legalization of initial coin offerings.
Sources: https://www.rbi.org.in/scripts/BS_PressReleaseDisplay.aspx?prid=43574
http://file.swcms.net/file/monexgroup/en/news_release/auto_20180405405863/pdfFile.pdf
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