Crypto Coin use halted by the Indian Central Bank in Supreme Court case

Crypto Coin use halted by the Indian Central Bank in Supreme Court case
фото показано с : bitcoints.com

2018-7-22 04:49

Japan Confirms Entrance Into the Crypto Space
RBI’s Argument
The Reserve Bank of India (RBI), the country’s central bank, appeared before the supreme court Friday to defend its position regarding cryptocurrencies.
RBI issued a circular on April 6 banning financial institutions under its control from providing services to crypto companies.
According to the Economic Times, the central bank told the court:

Allowing dealings in cryptocurrencies like bitcoins would encourage illegal transactions and it has already issued a circular prohibiting use of these virtual currencies.
Petitions Being Heard
Petitions against the RBI crypto banking ban are not the only ones that the supreme court is hearing.
The central bank responded at the time that it had warned people against the usage and risks associated with crypto.

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rbi crypto bank court supreme central april

Источник: bitcoints.com

rbi crypto → Результатов: 73


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Court Says India’s Crypto Trade Bank Account Boycott Will Continue

India’s highest court has declined to end a ban enacted by the national central bank that bars the country’s crypto exchanges from doing business with regulated financial firms. Bloomberg reported Tuesday that the Indian Supreme Court, led by Chief Justice Dipak Misra, said that the Reserve Bank of India’s (RBI) prohibition on providing services to crypto-related

2018-7-3 21:52


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Indian Supreme Court attended Crypto Petition but Upholds RBI Ban – Will get effective in 2 days.

Regulation The Indian Supreme Court heard one petition against the crypto banking ban by the country’s central bank today. Japan Confirms Entrance Into the Crypto Space No Stay Granted by Supreme Court The Supreme Court of India heard one petition against the crypto banking ban imposed by the Reserve Bank of India (RBI) on Tuesday,

2018-7-3 19:04


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Reserve Bank Of India Ruling Could Mean Zebpay Customers Can No Longer Withdraw Their Rupees

The saga surrounding The Reserve Bank of India (RBI) and their attempt at banning cryptocurrencies continues. We have recently seen confirmation from the RBI that they failed to do any prior research before making a move to ban cryptocurrencies, and of course a team of legal officials are working on determining how much say the RBI have in this matter, but regardless, the RBI deadline of the 5th of July now nears.

2018-6-25 13:00


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