
Indian investors were also quick to jump on Shiba Inu's band wagon, when its prices increased by 300% last week

We appreciate the RBI’s speedy response and continue to work with our banking partners, says Sumit Gupta, CEO and co-founder, of CoinDCX

The RBI circular has not changed much, as many banks still continue to maintain a distance from cryptocurrency exchanges

Experts feel banning cryptocurrencies would not be so easy as there are various other ways of transacting in virtual currencies