Foreign media: India's bitcoin has a high premium, or caused by government financial regulation

According to CryptoGlobe, data from the encryption site BitBns.com shows that the Indian bitcoin transaction price is slightly below Rs. 80,000, close to $1,100, well above the average price of $10,860. The article believes that this high premium can be attributed to the difficulty of purchasing cryptocurrencies in the country. Because last year, all regulated Indian banks and financial institutions were banned from trading and offered encryption-related services.