Published on July 21st, 2018 | by bitcoin0
Supreme Court Final Ruling on Reserve Bank of India Cryptocurrency Ban to be Issued in September
The Indian Supreme Court has adjourned its hearing of the petition against the Reserve Bank of India (RBI) ban on banks facilitating cryptocurrency transactions.
RBI Cryptocurrency Ban Sets India Back
Lead counsel for the IAMAI, Gopal Subramaniam, during the hearing said that the RBI’s ban would set India back in the emerging global cryptocurrency landscape.
Apart from delivering a final verdict on the RBI ban, the hearing will also clarify the government’s position concerning virtual currencies.
Should the Supreme Court overturn the RBI ban?
Images courtesy of Twitter/@Cryptokanoon, India Spot News
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