RBI Bars Banks From Doing Business With Crypto Firms ByAnnaliese MilanoPRO INVESTOR Updated: 16 August 2021 DisclosureWe sometimes use affiliate links in our content, when clicking on those we might receive a commission – at no extra cost to you. By using this website you agree to our terms and conditions and privacy policy. The Reserve Bank of India announced today that the entities it regulates will be banned from dealing with cryptocurrency.