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India Supreme Court Lifts RBI Ban on Banks Servicing Crypto Firms
4.3.2020
India’s Supreme Court rules that the central bank’s ban on banks’ dealings with crypto firms is “disproportionate”
RBI vs Crypto Hearings: India Celebrates Crypto Freedom as Supreme Court Lifts RBI Ban
4.3.2020
Today, the Supreme Court of India issued a verdict in favor of Crypto freedom in India, in the Reserve Bank of India (RBI) vs. Internet and Mobile Association of India (IAMAI) case. This morning, the Honorable Supreme Court announced that it has struck off RBI’s ban on banking institutions from...
Indian Supreme Court Rules in Favor of Cryptocurrency — RBI Ban Lifted
4.3.2020
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. Also read:...
Bitcoin in INR: Binance, Wazirx, Cashaa, Zebpay Announce New Offers for India
26.2.2020
Several cryptocurrency exchanges in India have recently stepped up their offerings as they wait for the supreme court’s decision on the RBI ban. Binance and Wazirx have made some improvements to their platforms, Cashaa is waving some fees, and Zebpay has announced zero fees on a trading pair...
Indian Supreme Court to Rule on Central Bank’s Crypto Banking Ban
24.2.2020
The building of the Indian Supreme court In New Delhi, India. Source: iStock/anil_shakya19
India’s Supreme Court is set to rule on a legal challenge to restrictions placed on banks dealing with cryptocurrency traders imposed by the central Reserve Bank of India (RBI). If the challenge proved...
Crypto Exchange Zebpay Announces Relaunch in India Ahead of Supreme Court Decision on RBI Ban
30.1.2020
Zebpay is returning to India more than a year after closing down local crypto exchange operations due to the banking ban imposed by the central bank, the Reserve Bank of India (RBI). Under a new leadership team, the exchange has also revealed a number of upcoming new services, including...
Hearing Concluded: Indian Supreme Court Deliberates on Crypto vs RBI Case
28.1.2020
The Indian supreme court has finished hearing the crypto vs. Reserve Bank of India (RBI) case. The hearing concluded on Tuesday with the counsel for the Internet and Mobile Association of India wrapping up his arguments, followed by arguments by the counsel representing crypto exchanges. The court...
RBI vs. Crypto: Supreme Court of India – January 28, 2020
28.1.2020
IAMAI’s public interest litigation to freely allow crypto activity in India has gained much traction amongst the crypto community. Last week, we saw counsel for RBI, Mr Shyam Dewan and counsel for IAMAI, Mr Ashim Sood, present their cases to a panel of three judges. While Dewan defended RBI’s...
Indian PM Awards Crypto App Creator as Supreme Court Deliberates on Ban
26.1.2020
Indian Prime Minister Narendra Modi has awarded a young crypto app creator Harshita Arora, with a prize recognizing her excellence in innovation
Indian Prime Minister Modi Awards Young Entrepreneur for Cryptocurrency App
26.1.2020
India’s Prime Minister Narendra Modi has awarded a young entrepreneur for her cryptocurrency price tracking application while the government is still deliberating on the country’s crypto policies. News.Bitcoin.com caught up with the award recipient to find out more about her app....
Week Two of RBI Vs. Crypto at the Supreme Court of India
24.1.2020
The historic case brought against the Reserve Bank of India’s ban on banks’ dealings with cryptocurrency businesses resumed this week at the country’s Supreme Court
Alleged BTC-e Operator Will Be Extradited to France After Greek Supreme Court Ruling
23.1.2020
Greece's supreme administrative court found that a ruling to extradite alleged BTC-e operator Alexander Vinnik to France was lawful. Vinnik can no longer appeal the decision
Indian Supreme Court Warms Up to Crypto – RBI’s Arguments Not Convincing
23.1.2020
India’s supreme court heard the crypto case on Thursday, starting with the arguments by the counsel for the Reserve Bank of India (RBI). After pointing out that the RBI ban only hurts crypto businesses but does not stop crypto trading, the court explained that “being an honest...
Regulatory Roundup: New US Crypto Tax Bill, Central Banks Join Forces on Digital Currencies
23.1.2020
In this roundup, we cover an exceptionally busy week for crypto regulations around the globe. We start our coverage with the U.S. Virtual Currency Tax Fairness Act of 2020, actions by the SEC, Ripple’s lawsuit, India’s supreme court hearings, Australia green-lighting a bitcoin retail...
RBI vs. Crypto: Supreme Court of India – January 23, 2020
23.1.2020
We at CryptoNewsZcom are set to resume our coverage of the RBI vs Crypto hearings at the Supreme Court of India! After 3 days of proceedings, the RBI counsel is likely to conclude his case today.
The post RBI vs. Crypto: Supreme Court of India – January 23, 2020 appeared first on CryptoNewsZ
Crypto vs RBI: Exchange Counsel and RBI Take Center Stage at Supreme Court Today
22.1.2020
India’s supreme court spent all day on Wednesday hearing extensive arguments from both the counsel representing crypto exchanges and the central bank, the Reserve Bank of India (RBI). The counsel for the central bank confirmed again that cryptocurrency is not banned in India, but still...
RBI vs. Crypto: Day 3 at the Supreme Court of India
22.1.2020
Based on a directive circulated by the Reserve Bank of India (RBI), cryptocurrency has long been considered banned in India. Well, not anymore. In a surprising turn of events, on Day 2 of the hearing, the central bank responded to a writ petition filed by the Internet and Mobile Association...
RBI Confirms Crypto Not Banned in India
21.1.2020
The Reserve Bank of India (RBI) has confirmed that cryptocurrency is not banned in India. During the latest supreme court hearing of the crypto case, the central bank’s reply to the Internet and Mobile Association of India was read out in detail. The RBI clarified that it only fenced in...
Crypto Fights for Freedom in India’s Supreme Court, Critics Cite Risk
19.1.2020
Indian judges presiding over the RBI v. Crypto case have repeatedly showcased their willingness to learn about digital currencies and blockchain-based tech
Crypto vs RBI: 3 Days of Intense Supreme Court Hearings
18.1.2020
India’s supreme court heard the crypto case in detail over three consecutive days this week. In addition to intense arguments against the central bank having the power to ban crypto, the judges learned how other countries regulate this new sector, the amended EU directive, the FATF guidance...