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RBI to Challenge Supreme Court Verdict on Cryptocurrency
6.3.2020
The Reserve Bank of India (RBI) is reportedly seeking to file a review petition challenging the supreme court verdict which lifted its banking ban on the crypto industry. The RBI is worried that the court’s decision “could pave the way for trading in virtual currencies and put...
Reserve Bank of India to Appeal Supreme Court’s Crypto Decision
6.3.2020
The Reserve bank of India will seek a review of the Indian Supreme Court’s recent cryptocurrency judgment
India Back in the Race: Landmark Judgment to Fuel Crypto Adoption
5.3.2020
According to various crypto pundits, India’s historic judgment will have an extremely positive effect on the global crypto sector as a whole
Bitcoin Legal in India: Exchanges Resume INR Banking Service After Supreme Court Verdict Allows Cryptocurrency
5.3.2020
Indian cryptocurrency exchanges are bringing back banking support after the Supreme Court of India struck down the banking ban on the crypto industry. News.Bitcoin.com talked to several crypto exchange executives to find out the effects of the supreme court ruling and what their exchanges plan...
Supreme Court of India Directs RBI to Unfreeze Koinex’s Crypto Account
5.3.2020
The Honorable Supreme Court of India has directed the Reserve Bank of India (RBI) to unfreeze Koinex’s current account with the Central Bank of India, containing over INR 12 crore (or 120 million). The directive came as a part of the Supreme Court’s judgment in the RBI vs. Internet and Mobile...
Indian Crypto Exchange Adds Bank Transfers Hours After RBI Ban Lifted
4.3.2020
Mumbai-based CoinDCX became the first platform in India to fully integrate bank account transfers
India’s Supreme Court Lifts Banking Ban on Crypto Exchanges
4.3.2020
The Supreme Court of India has ruled against a decision imposed by the country’s central bank nearly two years ago that curbed crypto trading in Asia’s third-largest economy. According to a report from Bloomberg, a three-judge bench of the court ruled on Wednesday in favor of petitions...
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...
A Call for Sensible Regulation: The Fate of Future Innovation in India
10.2.2020
The Indian crypto community holds its breath awaiting the Supreme Court’s decision
Verdict in India Imminent, RBI Cites Warren Buffet Skepticism as Reason to Ban Crypto
6.2.2020
The RBI’s defense of its crypto ban has so far consisted of the finance body claiming that cryptocurrencies can have a negative impact on the nation’s financial stability
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...
India Unveils National Blockchain Strategy, Calling on RBI to Issue Digital Currency
29.1.2020
India’s National Strategy on Blockchain has been published. It recommends, among other things, for the Reserve Bank of India (RBI) to issue a central bank digital currency. The Ministry of Electronics and Information Technology tasked the National Institute for Smart Government with drafting...
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...
ANALYSIS: RBI vs. Crypto Hearings End; Verdict Pending
28.1.2020
As the long and intense legal battle between RBI and Crypto comes to an end, both sides have presented their arguments and await a judgment as to whether RBI’s directive banning banks from dealing with cryptocurrencies was warranted and valid. Counsel for IAMAI, Ashim Sood, has made a strong case...
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 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