The Central Bank of India emphasizes that they are not comfortable with Bitcoin and also reveal that they are working on their own cryptocurrency.

When we were little and we imitated what our friends did, in the anger that fell on us later, our mother always asked us the same question: 'If your friend jumps off a bridge, do you do it too? Well, after the People's Bank of China said that ICOs are illegal and reluctance to exchange houses, what is more, they could make them illegal, at least those that are generated within the country. The new blow to Bitcoin comes from the Federal Reserve of India, which has said that they are studying how to proceed with a market with which they 'do not feel ways'.

Bitcoin at this time is below $ 3600 and is far from the $ 5000 of a couple of weeks ago, while [amazon_textlink asin = '1523930470 ′ text =' Ethereum 'template =' ProductLink 'store =' hardwa028- 21 ′ marketplace = 'ES' link_id = '81002626-9960-11e7-b153-ff528eb0dc72 ′] has fallen below $ 250, when two weeks ago it was above $ 380. Russia, China and now India, are hitting Bitcoin hard, for two reasons, it is a currency that they cannot control and on the other hand, it is a more valuable currency than the Russian Ruble, the Chinese Yuan and the Indian Bath.

The Federal Reserve of India has said that they have a group of experts that is evaluating the cryptocurrency market. A member of the central bank has also highlighted for the Reuters media, ensuring that they are not comfortable with Bitcoin. It was Sudarshan Shen, who "we are not comfortable with these currencies", and also added that digital currencies will be liked "when the central bank begins to issue digital currencies and it is not necessary to carry physical money in your pocket."

This information contrasts with the positive regulations of South Korea and Japan and not only that, the United States could allow it on the Stock Exchange and could allow it to operate with it. We have on the other side, Russia and China, who are beginning to charge against Bitcoin with harsh and restrictive legislation, with a clear interest in promoting Ethereum, a more friendly cryptocurrency from which transactions can be controlled, that is why The same, Russia and China are working on the development of their own cryptocurrency based on the ETH blockchain.