Moneycontrol News

https://steemitimages.com/DQmSUGTQHqw1W7pRMJ2tUKX8X28zscZikrocANXoJeBHR5n/RTX3IEV5-770x433.jpgAccording to a report by Betelline, many retail investors have bought bitcoin-like cryptocoर्जes such as they are not allowing banks to deposit money earned from their trade on the exchange platform.

According to the report, investors said they are unable to trade on some of the Bitcoin exchanges or can withdraw those banks who have invested in their bank accounts.

Investors further said that they are now finding it difficult to file a complaint because the Bitcoin Exchange, along with the banks, are giving money to each other on this issue.

Vandana Tiwari, an investor from Varanasi, said, "I had written for exchange, but they said that they have not received the money, while my bank statement shows that money was given credit. Now, I do not know the banks too No explanation is given. "

Another Delhi customer told the newspaper that he was unable to withdraw his balance from his bitcoin account, which is asking him to confirm the bank account.

The newly formed industrial body representing BlackChane and Crypto-Currency Exchanges CropToCertage Committee of India told the newspaper, "Some citizens have faced difficulties due to recent knee jerk in the case of closing bank accounts of some cryptocurrency exchanges. . "

It also said that it is soon negotiating with the banks to understand the emerging area and to make them aware of the harmful effects of their knee-jerk reactions.