A filing submitted in the lower house of India’s parliament — the Lok Sabha — has revealed an investigation into fraudulent practices by so-called “bit coin companies” operating in the country.
An official question was submitted by center-left parliamentarian Mohammed Faizal and was answered..
Following the landmark judgment by India’s Supreme Court to reverse the crypto ban, the Reserve Bank of India (RBI) — the country’s central bank, is seeking to file a review petition.
The RBI’s move to petition the apex court’s ruling stems from the fact that the reversal encourages crypto exchange..
As time progresses, the revolution of peer-to-peer digital currencies picks up speed. Now, countries like India and Iran, which previously had a harsh legal stance on cryptocurrencies, are warming up to the idea of adopting them. In India, for instance, the Supreme Court has struck down a..
A pending bill may still inhibit cryptocurrencies from flourishing in India, with India’s parliament yet to rule on the "Banning of Cryptocurrency and Regulation of Official Digital Currency Bill" from 2019, Business Insider reported on March 7.
If passed, the bill will introduce unique regul..
The Reserve Bank of India (RBI) is planning to file a petition against the recent landmark judgment made by the Supreme Court that nullified the controversial banking ban it imposed on companies transacting in cryptocurrencies.
According to a report by The Economic Times on March 6, the RBI i..
In what is widely being considered a historic day for the crypto industry as a whole, the Supreme Court of India has passed a judgment nullifying the controversial banking ban imposed by the Reserve Bank of India on the country’s local digital currency market.
The three-judge bench pres..
The Supreme Court of India has struck down the Reserve Bank of India’s (RBI) controversial ban on banks’ dealings with crypto-related firms.
The court’s bench of Justices Rohinton Nariman, S Ravindra Bhat, and V Ramasubramanian, delivered the judgment earlier today, March 4, litigation n..