The Government may have banned BTC in India, but $200k USD equivalent was traded in last 24hrs in INR for a total of ~ 32 BTC on LBC alone.
"You can regulate your Country out of Bitcoin, but you cannot regulate Bitcoin out of your Country" --aantonp.
Who know how many other P2P or black market exchanges are trading BTC in INR? It might be a lot more than we see here & now.
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