Indian supreme court

Indian Supreme Court Postpones Crypto Case Hearing to February 2019

Indian Supreme Court Postpones Crypto Case Hearing to February 2019

The Supreme Court of India has yet again postponed hearing of the cryptocurrency ban case against Reserve Bank of India (RBI) which was filed last year by crypto enthusiasts and investors. In April 2018, the RBI had issued a ban that restricted financial institutions from offering any crypto related services to consumers. In consequence to this, bank accounts dealing with crypto transactions were terminated forcing consumers to file petitions with the court to lift the ban.