India: RBI’s counsel argues before the Supreme Court over the use of crypto for illicit activities

2019-8-21 11:33

The Supreme Court of India was presented with arguments that questioned Reserve Bank of India’s [RBI] jurisdiction over contemplating a ban on crypto-activity on the basis of vagueness on August 20.

The case resumed its hearing on the matter on August 21, with RBI’s counsel, Shyam Divan, listing disadvantages of cryptocurrencies as highlighted in the […]

The post India: RBI’s counsel argues before the Supreme Court over the use of crypto for illicit activities appeared first on AMBCrypto.

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India: Cryptocurrency trading using banks allowed as SC holds RBI circular 'unconstitutional'

The Supreme Court of India on 4 March announced its Judgment in the 'Crypto v. RBI'case. The apex court has deemed the banking ban levied by the central bank of India as unconstitutional. Crypto KanoThe post India: Cryptocurrency trading using banks allowed as SC holds RBI circular 'unconstitutional' appeared first on AMBCrypto.

2020-3-4 09:18


Breaking: Supreme Court of India refuses to grant temporary stay against RBI’s cryptocurrency restriction

Today, on July 3rd, Supreme Court of India [SC] held the awaited hearing of Internet and Mobile Association of India v/s Reserve Bank of India [RBI]. As per the recent reports, SC has not granted a temporary stay and the effective date for banks to stop supporting cryptocurrency exchanges still stands the same, that is, July […]

2018-7-4 23:57


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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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