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With the looming threat of a blanket cryptocurrency ban in India, both the central bank and crypto stakeholders in the country continued their arguments before the Supreme Court. Counsel representing the crypto side of the tussle argued on Tuesday (August 20, 2019) that the Reserve Bank of India (R..
There are reports that the Reserve Bank of India (RBI) is behind the call to completely ban bitcoin and cryptocurrencies in India. This revelation comes amid the recommendation by the government instituted committee tasked with evaluating crypto regulations in the country calling for a blanket proh..
The Inter-Ministerial Committee (IMC) set up to look into bitcoin and cryptocurrency regulations in India says the government should ban virtual currencies. India May Soon Finalize Total Bitcoin Ban In a report submitted on Monday (July 22, 2019) the IMC recommended that the government institutes a..
While there continues to be speculation about a possible bitcoin ban in India, a senior government official has come out to say there is no such law for cryptos in the country. Meanwhile, there are reports that a committee formed by the government to look into potential virtual currency laws is yet ..