Did the Reserve Bank of India ‘pump’ the price of Bitcoin on Monday?

Did the Reserve Bank of India ‘pump’ the price of Bitcoin on Monday?

The central bank of India issued a new memo on Monday making it clear that BTC is not banned in the country.

It has not been since early AMrch last year, but the RBI felt a need to clarify yesterday as per the memo below:

The central bank of India issued a new memo on Monday making it clear that BTC is not banned in the country.I doubt it was a pump but I’m sure some will see it that way, or not? 

BTC update, circa US$36.8 as I post, recovering from a soft weekend. 

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