The Reserve Bank of India’s recent ban on financial institutions transacting with companies using or offering cryptocurrency services will certainly have consequences for the nation. However, thanks to peer-to-peer exchanges like Paxful, one of these is unlikely to be cryptocurrency usage and adoption in general.
Paxful Offers Users Exposure to Cryptocurrency Whilst Completely Bypassing the Banks
On April 5, the Reserve Bank of India issued a statement which banned the the nation’s banks from dealing with cryptocurrency exchanges and other similar services. Thankfully for India’s crypto enthusiasts, it didn’t drop any hint of

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