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Indian Supreme Court Rules in Favor of Cryptocurrency — RBI Ban Lifted
A historic day for the Indian crypto community, the supreme court has finally ruled on the case against the banking ban by the central bank, the Reserve Bank of India (RBI). The court held that the RBI circular which places a banking ban on the crypto industry is unconstitutional. дальше »
2020-3-4 08:49 | |
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Indian Govt to Pitch Bitcoin Ban Bill in January
The Indian government is planning to introduce its controversial bitcoin ban bill in December-January parliamentary session, according to local crypto news provider Crypto Kanoon. The decision surfaced during an ongoing court hearing between the Reserve Bank of India (RBI) and regional cryptocurrency exchanges. дальше »
2019-8-8 15:00 | |
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India: Supreme Court adjourns case related to crypto ban till January 2020; RBI banking ban hearing underway
Supreme Court of India heard the ‘Crypto vs. RBI’ case on August 8 where the government’s counsel is speculated to have produced the IMC drafted bill on cryptocurrency and asked the case to be adjourned till January 2020. дальше »
2019-8-8 11:46 | |
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Indian Supreme Court Sets New Date to Hear Crypto Case
The Indian supreme court has set a new date to hear the crypto case that was originally scheduled to be heard on July 23. The court is expected to address the writ petitions against the RBI banking restriction as well as the government’s report and the recently released draft crypto bill. дальше »
2019-7-24 14:45 | |
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India: Another exchange bites the dust as Koinex announces shutdown of all operations
India has been surrounded by a smog of uncertainty, with the status of digital assets being hotly debated in the country. While the government and the Supreme Court’s decision in the ‘Crypto vs. дальше »
2019-6-27 09:44 | |
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India: Why Facebook’s pet crypto-project trumps over other competitors
In disappointing news for Indian crypto-enthusiasts, the Indian Supreme Court adjourned the ‘Crypto Vs RBI’ case hearing on March 29, failing to bring regulatory clarity on cryptocurrencies in the country. дальше »
2019-5-10 16:30 | |
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India: Why Facebook’s pet crypto-project could trump other competitors
In disappointing news for Indian crypto-enthusiasts, the Indian Supreme Court adjourned the ‘Crypto Vs RBI’ case hearing on March 29, failing to bring regulatory clarity on cryptocurrencies in the country. дальше »
2019-5-10 16:30 | |
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Indian cryptocurrency exchange Coinome to shut down operations on May 15
The Indian Supreme Court adjourned the last hearing of the ‘Crypto Vs. RBI’ case, postponing it to July 2019. While many crypto-enthusiasts were left disappointed, some Indian crypto-exchanges shut shop. дальше »
2019-5-9 16:30 | |
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RBI Excludes Cryptocurrency From Indian Regulatory Sandbox
India’s central bank, the Reserve Bank of India (RBI), has unveiled its framework for a fintech regulatory sandbox. While blockchain and smart contracts are welcomed, the bank stated that cryptocurrency and related services “may not be accepted for testing. дальше »
2019-4-19 09:31 | |
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Coindelta abandons its users by levying high withdrawal fees; users express their displeasure and retaliate
The Indian crypto community received some shocking news on 30 March when Coindelta, an Indian cryptocurrency exchange, shut down its services abruptly. This news came after the Supreme Court of India adjourned the ‘Crypto v. дальше »
2019-4-8 09:30 | |
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India’s Supreme Court Delays Crypto vs Central Bank Fight to July
By CCN. com: The courtroom battle between the Indian cryptocurrency exchanges and the Reserve Bank of India (RBI) has reached its ninth month but remains far from conclusion. On March 29, the Supreme Court of India moved the hearing to a new date in July. дальше »
2019-4-4 11:21 | |
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India: Supreme Court adjourns ‘Crypto Vs RBI’ case within minutes; next date could be in July
The Indian Supreme Court was supposed to be presented with a decision on the regulations on cryptocurrencies by the Union government on 29 March. However, the court adjourned the matter on the request of the Government’s Counsel. дальше »
2019-3-29 11:00 | |
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Why India’s Bitcoin ‘Ban’ Could Disappear after March 29 Hearing
Since July 2018, due to a circular released by the Reserve Bank of India (RBI) in April, local banks were prohibited from dealing with bitcoin and cryptocurrency exchanges by the central bank. Last month, the Supreme Court of India provided the government four weeks to draft a cryptocurrency regulatory framework, which would decide the legal landscape of the cryptocurrency market in India for the foreseeable future. дальше »
2019-3-26 08:30 | |
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India’s Potential Crypto Regulatory Framework to Be Presented at the Supreme Court Shortly
India’s perspective on cryptocurrencies has been quite cold, especially on the central bank, the Reserve Bank of India’s (RBI) end. Bitcoin Exchange Guide (BEG) reported on multiple instances how they have been consistently shutting down the idea, to which native traders were getting frustrated. дальше »
2019-3-24 20:40 | |
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Indian Official Tries to Condemn Bitcoin by Calling it a Shiny Toy But Ends Up Praising It Instead
An advocate practicing in the Supreme Court of India wants the government and regulators to treat bitcoin like a shiny new toy. Abraham C Mathews said in an opinion column published Monday that the Reserve Bank of India (RBI) had no structure in place to enforce crypto regulations – even if it wanted to. дальше »
2019-3-4 15:13 | |
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India’s Supreme Court Sets 4-Week Deadline for Government to Regulate Cryptocurrency
Time is running out for the Indian government and the Reserve Bank of India to ignore/wholesale ban cryptocurrency, according to a local publication called Inc42. Last April, as CCN reported, the RBI banned all financial institutions from working with cryptos. дальше »
2019-2-26 11:59 | |
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Indian Supreme Court Gives Government Deadline to Reach Decision on Crypto Regulations
The Supreme Court of India made a decision on February 25, 2019, to present the government with an ultimatum: Develop crypto regulations within the next four weeks or the court will make its own judgement. дальше »
2019-2-26 22:02 | |
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Will RBI’s Crypto Ban Stand? Supreme Court of India Orders for Clear Crypto Regulations
Bitcoin prices may be down but there is some wonderful development in India. Like China, cryptocurrency trading is illegal in the country thanks in part to the heavy handedness of the Reserve Bank of India. дальше »
2019-2-25 14:58 | |
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Petitions to End RBI Crypto Banking Ban Advancing in India
A lawyer representing the Internet and Mobile Association of India in its writ petition against the RBI banking ban has shared new details of the progress to lift the ban with news. Bitcoin. com. The supreme court recognizes the urgency of hearing the RBI case without waiting for the Indian government to introduce crypto regulation. дальше »
2019-1-29 15:01 | |
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Indian Supreme Court Pushes Crypto Case Against RBI to End of February
The case against the crypto banking ban by the Reserve Bank of India (RBI) was unexpectedly heard at the country’s supreme court on Thursday. However, senior advocates for the parties were reportedly absent, so a new date has been set and the crypto case will be “top of the list” on that date. дальше »
2019-1-17 14:53 | |
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Indian Central Bank’s Report Shows Cryptocurrencies Are Not Currently a Threat
The Reserve Bank of India (RBI) has published a report indicating that cryptocurrencies are not a threat currently. However, the central bank says, with rapid growth and adoption of cryptocurrencies, this assessment could change, adding that constant monitoring of cryptocurrencies is needed. дальше »
2019-1-4 14:15 | |
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Reserve Bank of India’s (RBI) Cryptocurrency Ban to Get More Clarity in November
India Supreme Court Asks Government For Opinion on Cryptos Within 2 Weeks Recently, the Supreme Court of India has decided to ask the local government for an opinion on the cryptocurrencies and their market amid the fallout that was caused when banks were blocked from providing services to crypto exchanges. Yesterday, October 25, the Supreme […] дальше »
2018-10-27 21:45 | |
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50 Indian Traders Share Thoughts on Investing, RBI Ban, Future of Cryptocurrency in India
Fifty traders who use Indian crypto exchange Instashift have shared their thoughts on the current crypto environment in India. Most of them said that they “hodl” and would continue to invest in crypto despite regulatory uncertainty. дальше »
2018-10-16 16:50 | |
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Korean Government Expected to Announce ICO Stance in November, Official Says
The South Korean government is expected to announce its position on initial coin offerings in November, according to a high-ranking official. The decision will follow the outcome of the survey which the country’s Financial Supervisory Service recently sent out to domestic blockchain companies. дальше »
2018-10-15 03:35 | |
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Supreme Court Of India Set To Finalise Bitcoin Verdict
We are edging ever closer to a final decision being made on the status of cryptocurrencies within India. As it stands, the Reserve Bank of India (RBI) have essentially banned cryptocurrency. As a result of this, the community have led a charge for the decision to be overturned, which in turn has led to a case being brought into the Supreme Court of India. дальше »
2018-9-25 16:30 | |
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RBI Argues Supreme Court Should Not Interfere With Its Crypto Decision
The Reserve Bank of India has filed an affidavit with the country’s supreme court in response to one of the petitions against its crypto banking ban. The central bank reportedly argues that it has acted within its power and that none of the petitioners have shown reasonable grounds for the supreme court to intervene. дальше »
2018-9-24 02:25 | |
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RBI Ban Hearing Delayed – Indian Supreme Court Too Busy for Crypto This Week
All petitions against the crypto banking ban by the Reserve Bank of India (RBI) are supposed to have been heard by the country’s supreme court on September 11. However, the court has been busy every day this week and has postponed the RBI ban hearing. дальше »
2018-9-15 00:10 | |
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India Update: RBI Claims Court Can’t Recognize Crypto as Currency Due to Existing Laws
The Reserve Bank of India has continued is tirade against the legalization of cryptocurrencies by filing an affidavit to the country’s supreme court. The Supreme Court will be holding a hearing on the case of legalizing cryptocurrency on September 17th, at which time the affidavit will be reviewed. дальше »
2018-9-14 22:00 | |
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India Cryptocurrency Winter Survivors: We Were Not Sleeping, But Hibernating
The RBI Circular was intended to put a pause button on cryptocurrency activity in India, but as the mandate that restrained banks to be involved in this space goes through debate, protests, and court pit-stops, beneath the surface a lot has transpired. дальше »
2018-9-11 05:15 | |
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RBI Ban Hearing in Two Days – What Indian Crypto Exchanges Are Expecting
The Indian supreme court will hear all petitions against the crypto banking ban by the Reserve Bank of India on Tuesday. News.Bitcoin.com talked to the CEOs of several Indian exchanges to find out what they are expecting from the hearing, trader sentiment, their exchanges’ current trading volumes, and how they see the court’s ruling affecting […] The post RBI Ban Hearing in Two Days – What Indian Crypto Exchanges Are Expecting appeared first on Bitcoin News. дальше »
2018-9-9 19:55 | |
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RBI Ban Hearing in 2 Days – What Indian Crypto Exchanges Are Expecting
The Indian supreme court will hear all petitions against the crypto banking ban by the Reserve Bank of India on Tuesday. News.Bitcoin.com talked to the CEOs of several Indian exchanges to find out what they are expecting from the hearing, trader sentiment, their exchanges’ current trading volumes, and how they see the court’s ruling affecting […] The post RBI Ban Hearing in 2 Days – What Indian Crypto Exchanges Are Expecting appeared first on Bitcoin News. дальше »
2018-9-10 19:55 | |
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They Might Be Anti Crypto, But The Blockchain Is Still Sought After In India
India is a nation now known for its anti-cryptocurrency stance, yet they are still fostering a very positive attitude towards blockchain technology. I must note that in India, the people are very much pro crypto, but the Indian central bank, The Reserve Bank of India are very much against crypto, making moves to essentially ban cryptocurrency in the country. дальше »
2018-8-28 16:00 | |
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India’s Apex Bank Forms New Unit to Handle Blockchain Regulations
The Reserve Bank of India (RBI) – the country’s apex bank, has set up a department tasked with monitoring developments in cryptocurrency, blockchain technology, and artificial intelligence. This move comes as commercial banks are still prohibited from facilitating cryptocurrency transactions and the Supreme court decision on the matter expected later in September 2018. дальше »
2018-8-27 19:29 | |
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Law Commission of India Recommends Use of Cryptos in Settling Gambling Transactions
Uncertainty continues to grip India’s crypto industry ever since the Rural Bank of India (RBI) imposed a ban on banks and other financial institutions, prohibiting them from dealing with cryptocurrencies. дальше »
2018-7-26 20:24 | |
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Authorities In India Admit They Recognise Bitcoin As A Legitimate Currency
As we should all know by now, cryptocurrency in India is taking a bit of a hit. With the Reserve Bank of India (RBI) ruling against it and the supreme court looking likely to do the same thing, by the end of September cryptocurrency could seriously hit a dead-end in the country. дальше »
2018-7-26 16:30 | |
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Unocoin suspends withdrawal as per RBI orders, movement of Crypto regulations in India
While the Supreme Court’s final ruling on the crypto exchanges regarding fiat handling is yet to come out, Unocoin suspends withdrawal and deposits of fiat on its exchange. Unocoin exchange had received immense popularity for Crypto-rupee and crypto-crypto trades where it dealt in Bitcoin and Ethereum. The Reserve Bank of India on 5th April 2018 […] дальше »
2018-7-24 19:49 | |
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Cryptocurrencies in India are at par with electronic means of payment, states the Law Commission of India
The Reserve Bank of India [RBI] has appealed for a ban on cryptographic forms of money, as to preclude the banks for conversion of digital currencies into Indian Rupee [INR]. On 3rd July, the Supreme Court of India [SC] held the hearing of Internet and Mobile Association of India, IAMAI vs RBI. According to the reports, […] дальше »
2018-7-24 00:15 | |
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Indian reserve bank urges the Supreme Court to regulate crypto!
India’s central bank, the Reserve Bank of India (RBI), has urged the country’s Supreme Court to regulate cryptocurrencies, local news outlet the Financial Express reports July 21. On July 19, the Supreme Court reportedly postponed the final hearing on the RBI’s ban on crypto dealings — originally scheduled for July 20 — to September 11. дальше »
2018-7-22 17:22 | |
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Crypto Coin use halted by the Indian Central Bank in Supreme Court case
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. дальше »
2018-7-22 04:49 | |
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Indian Central Bank Makes a Case Before Supreme Court Against Allowing Crypto Use
India’s central bank told the country’s supreme court on Friday that “allowing dealings in cryptocurrencies like bitcoin would encourage illegal transactions. ” Other crypto petitions being heard include one asking the government to “take emergency steps to restrain the sale and purchase of illegal cryptocurrencies. дальше »
2018-7-22 02:34 | |
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Breaking news: RBI’s cryptocurrency prohibition continues, final arguments on 11th September
The Reserve Bank of India [RBI] petitioned a ban against cryptocurrencies, as to prohibit the banks for conversion of digital currencies to Indian Rupee [INR]. The hearing of lifting or proceeding with the ban was held today. дальше »
2018-7-21 02:25 | |
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India’s Supreme Court to Issue Final Ruling on RBI Cryptocurrency Ban 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. The apex court will deliver its final judgment on the matter on September 11, 2018. дальше »
2018-7-21 01:00 | |
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Supreme Court of India delays Crypto Banking Ban Hearing to September
A Supreme Court decision on the Reserve Bank of India’s (RBI) efforts to bar cryptocurrency firms from receiving banking services will have to wait – for now. A final hearing on the ban’s merits has been deferred to September 11, local news outlet Inc42 reported Friday. The panel of judges overseeing the case want all arguments дальше »
2018-7-21 00:07 | |
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Indian supreme court reviewed crypto petitions however rbi ban stays
Regulation India’s Supreme Court heard the petitions against the crypto banking ban by the Reserve Bank of India (RBI) today. Japan Confirms Entrance Into the Crypto Space Supreme Court Hearing on July 20 The long-awaited hearing at which the Supreme Court of India was scheduled to address all of the petitions against the crypto banking дальше »
2018-7-21 23:10 | |
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India : supreme court decision on central bank crypto dealings ban moved to september
The Supreme Court of India’s hearing on the central bank’s ban on crypto dealings, originally scheduled for July 20, has been moved to September, according to a July 19 Twitter post by a team of Indian lawyers involved in crypto regulatory analysis. дальше »
2018-7-21 22:50 | |
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India’s Supreme Court Upholds RBI Ban, Final Arguments To be Heard in September
Today was the proverbial D-Day for the cryptocurrency industry in India as the Supreme Court was scheduled to hear the case against the Reserve Bank of India (RBI) instituting a ban forbidding all commercial banks in the country from facilitating crypto related transactions. дальше »
2018-7-20 19:39 | |
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Litecoin (LTC) Technical Analysis July 20th, India RBI Court Hearing Looming
In the last few days, Litecoin’s bull momentum has been waning allowing sellers to reverse gains. The result is that long upper wick but regardless, we still hold a Litecoin bullish stand expecting gains above $90 this week. дальше »
2018-7-20 19:20 | |
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Indian Supreme Court Heard Crypto Petitions Today – RBI Ban Stays
India’s Supreme Court heard the petitions against the crypto banking ban by the Reserve Bank of India (RBI) today. After hearing some arguments from both sides, the court decided to set another hearing date, allowing some of the regulators involved to respond to the petitions. дальше »
2018-7-21 17:15 | |
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Indian Supreme Court Heard Crypto Petitions Today but RBI Ban Stays
India’s Supreme Court heard the petitions against the crypto banking ban by the Reserve Bank of India (RBI) today. After hearing some arguments from both sides, the court decided to set another hearing date, allowing some of the regulators involved to respond to the petitions. дальше »
2018-7-20 17:15 | |
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