The collapse in the price of Bitcoin this year hasn't helped matters either
The central bank has been arguing there's a security risk because the wallets are stored electronically where the currencies are kept
The largest crypto-coin advanced 3% to $6,371
The transactions were detailed in an indictment from the Justice Department
On Tuesday, the rupee ended lower by 10 paise to close at 68.82 against the US currency due to fresh buying of the dollar by importers after the greenback rebounded in global markets
As the deadline approached, people sold their holdings in large enough volumes on Koinex that it resulted in a huge drop in prices for bitcoins, ethereum, and ripple, among other virtual currencies
NCLT added that the board is competent to remove its chairman and it does not require a selection committee
Cryptocurrency trade in rupees will stop from midnight, while exchanges or cryptocurrency companies will now be unable to avail loans or hold bank accounts
BJP spokesperson Anil Baluni said the allegation of the Congress were laughable
Even though exchanges may not be able to do banking transactions, there are alternative ways to buy and sell