RBI Cryptocurrency Case Postponed To Next Week By Supreme Court Of India
No actions was seen today again due to the long hearing of previous case. Looks like cryptocurrency traders and whole Crypto community in India has to wait for a while. The Supreme Court of India had adjourned all cases, including the RBI Cryptocurrency Court Case to next week, due to hearing of long arguments in other case.
The RBI Cryptocurrency Case will be taken up next week, so Indian Crypto Community have to wait atleast till 17 September 2018. Stay updated with Us.
Also, as this is a sensitive topic and so many parties are involved in it, we can expect some serious discussion and arguments which will take time. If hearing commences even next week, we cannot expect results on same day. The RBI Cryptocurrency Case hearing will take some days, or even weeks before we get any final result.
Anyways, countries in other parts of the world are getting positive for cryptocurrency. For example:-
- Recently, a European Union Authorities believes that “CryptoAssets” are here to stay and will provide guidance on Cryptocurrencies and ICO.The Innovation Group of the European Parliament’s Committee on Economic and Monetary Affairs met on September 4, to discuss rapporteur Ashley Fox’s proposal to include a framework for Click here to read more details.
- “Cryptocurrencies” will now be treated as securities in UAE and controls for trading digital tokens will be introduced soon.
- India approves a joint research on distributed ledger and blockchain technology by nation’s Export-Import Bank (Exim Bank) with other BRICS partner banks.
- Reserve Bank of India Worries That Crypto Crackdown May Backfire
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