Indian Supreme Court Orders RBI to Answer Crypto Exchanges, New Date Set

Indian Supreme Court Orders RBI to Answer Crypto Exchanges, New Date SetAfter hearing the arguments against the banking restriction by the Reserve Bank of India (RBI) in detail, the Indian supreme court directed the central bank to reply to the representations filed by crypto exchanges. Since the RBI has not adequately answered them, the court set a new date to resume hearing the case. Also read: […]

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RBI Defends Its Power Over Crypto in Indian Supreme Court

RBI Defends Its Power Over Crypto in Indian Supreme CourtThe Indian supreme court heard the case against the crypto banking restriction by the Reserve Bank of India (RBI) in detail Tuesday. After many arguments challenging the RBI’s power over crypto were presented, the counsel for the central bank began making the case against cryptocurrency. Also read: RBI’s Power Over Crypto Challenged at Length in […]

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Indian Supreme Court Heard Crypto Case in Depth Today

Indian Supreme Court Heard Crypto Case in Depth TodayThe Indian supreme court finally heard the crypto case today after postponing it several times. The court addressed the government’s crypto policy as well as the writ petitions challenging the banking restriction by the central bank. The latter was heard in some detail while the former was further delayed at the request of the government. […]

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Indian Finance Minister Addresses Crypto Proposal – Industry Responds

Indian Finance Minister Addresses Crypto Proposal - Industry RespondsIndia’s finance minister has broken silence and talked about the crypto draft bill and report her department is examining which propose to ban cryptocurrencies. While she views the report as “very futuristic and well-thought-out,” the crypto industry sees it as flawed and incomplete. Also read: Calls Intensify for Indian Government to Regulate Cryptocurrency Finance Minister […]

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When Cash Is Banned, Centralized Cryptos Are Not Going to Save You

When Cash Is Banned, Centralized Cryptos Are Not Going to Save YouAustralia is now moving forward with its proposed legislation to ban cash purchases over 10,000 AUD ($6,900) for business purposes. According to the treasury website: “The Black Economy Taskforce recommended this action to tackle tax evasion and other criminal activities.” While many Aussies are celebrating Bitcoin’s exclusion from this clause, others find the move away […]

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