🛑 Indian supreme court to decide on central bank crypto ban
The Supreme Court of India is set to hear final arguments in an ongoing case between the Reserve Bank of India (RBI) and the Mobile Association of India (IMAI), which is petitioning against a ban on cryptoassets in the country. The central bank has argued that the legal system does not define cryptocurrencies in the current format and that the people do not have a right to interfere with regulatory matters. RBI has stated that IMAI has not provided valid arguments against the ban, but has not revealed the nature of those arguments at this time.
Let us know what you loved about the report, what may be missing, or share any other feedback by filling out this short form. All responses are subject to our Privacy Policy and Terms of Service.