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RBI vs. Crypto: Day 3 at the Supreme Court of India


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


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 vs RBI: 3 Days of Intense Supreme Court Hearings


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...

Ripple Plays 'USD 500bn XRP Market' Card in Court


Brad Garlinghouse, CEO of Ripple. On January 15, Chief District Judge Phyllis Hamilton of the Northern District of California heard Ripple Lab’s case for dismissing a class action and now the company's fate, as well as that of the "half a trillion XRP market", is in her hands. The judge now needs...

Bitcoin Lawsuit Heats Up With More Bonded Courier Tales


During the last few days, cryptocurrency participants have been discussing the notorious Kleiman v. Wright lawsuit as new developments have revealed a third party provided Craig Wright with the necessary information to unlock an encrypted file he could not access previously. Additionally, another...

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