https://www.taxtmi.com/circulars?id=56967 Regulated entities are prohibited from dealing in virtual currencies or providing services that facilitate dealing in or settling virtual currencies, including maintaining related accounts, registering or supporting exchanges, trading, settlement, loans against virtual tokens, accepting virtual currencies as collateral, and transferring funds connected to virtual currency purchases or sales; existing service relationships must be terminated under an exit requirement, and the prohibition is grounded in statutory powers under the Banking Regulation Act, the Reserve Bank of India Act, and the Payment and Settlement Systems Act. en-us Fri, 06 Apr 2018 00:00:00 +0530 Mon, 23 Apr 2018 12:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=56967 Regulated entities are prohibited from dealing in virtual currencies or providing services that facilitate dealing in or settling virtual currencies, including maintaining related accounts, registering or supporting exchanges, trading, settlement, loans against virtual tokens, accepting virtual currencies as collateral, and transferring funds connected to virtual currency purchases or sales; existing service relationships must be terminated under an exit requirement, and the prohibition is grounded in statutory powers under the Banking Regulation Act, the Reserve Bank of India Act, and the Payment and Settlement Systems Act. Circulars RBI Fri, 06 Apr 2018 00:00:00 +0530 https://www.taxtmi.com/circulars?id=56967