Indian reserve bank urges the Supreme Court to regulate crypto!

Indian reserve bank urges the Supreme Court to regulate crypto!
ôîòî ïîêàçàíî ñ : bitcoints.com

2018-7-22 17:22

India’s central bank, the Reserve Bank of India (RBI), has urged the country’s Supreme Court to regulate cryptocurrencies, local news outlet the Financial Express reports July 21.
On July 19, the Supreme Court reportedly postponed the final hearing on the RBI’s ban on crypto dealings —  originally scheduled for July 20 — to September 11.
In May, India’s Supreme Court decided not to grant an interim injunction against the RBI ban sought by eleven crypto-related businesses.
Also in May, India’s Supreme Court ordered that no petitions can be filed in any Indian High Court against the RBI decision to ban crypto dealings.
On July 12, an anonymous source in the Indian government reported that authorities may plan on classifying cryptocurrencies as commodities, instead of implementing a blanket crypto ban.

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