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India's Supreme Court Nullifies Central Bank Crypto Trading Ban

There is finally some good news out of India today as reports are emerging that the Supreme Court has quashed a curb on crypto trading.


CRYPTO TRADING LEGAL IN INDIA


According to local news outlet the Economic Times, India’s Supreme Court has nullified a curb on crypto trading. The official report stated that the “SC rules curb on crypto currency trade illegal,”

The Reserve Bank of India has been making every effort to ban any dealings in crypto assets by individuals and businesses. Its campaign began in April 2018 with circular instructing banks and companies not to deal with digital assets.


Regulated exchanges and service providers that were already working within the industry were told to exit the ecosystem within three months. Read More...

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