https://www.taxtmi.com/circulars?id=64672 Entities regulated by the central banking authority are prohibited from dealing in virtual currencies or providing services that facilitate such dealing, including maintaining accounts for exchanges, registering, trading, settling, clearing, transfers related to purchase or sale of virtual currencies, accepting virtual tokens as collateral, and lending against them; existing service relationships must be exited within three months, and the direction is issued under powers in the Banking Regulation Act, the Reserve Bank Act and the Payment and Settlement Systems Act. en-us Fri, 06 Apr 2018 00:00:00 +0530 Mon, 08 Feb 2021 16:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=64672 Entities regulated by the central banking authority are prohibited from dealing in virtual currencies or providing services that facilitate such dealing, including maintaining accounts for exchanges, registering, trading, settling, clearing, transfers related to purchase or sale of virtual currencies, accepting virtual tokens as collateral, and lending against them; existing service relationships must be exited within three months, and the direction is issued under powers in the Banking Regulation Act, the Reserve Bank Act and the Payment and Settlement Systems Act. Circulars Indian Laws Fri, 06 Apr 2018 00:00:00 +0530 https://www.taxtmi.com/circulars?id=64672