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Cryptopolitan 2019-06-24 15:13:11

Hostile environment for BTC trading in India attracts $600 premium

Reports indicate that Bitcoin’s trading price comes with a hefty six hundred dollar ($600) premium in India. BTC is currently floating around the eleven thousand five hundred dollar range ($11,500), with its price looking to expand even further in the coming days. These high premiums are seen to be an effect of the heavy digital currency clampdown in India, making it extremely difficult to buy BTC in the nation. Last year, all national banks and institutions were legally barred from holding transactions in cryptocurrency or in any way associating with the digital currency market. But the hostility surrounding the industry

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