In April, the Reserve Bank of India gave crypto exchanges three months’ notice to tie up their business with banks. Effectively, many exchanges, including India’s largest, Zebpay, had little choice but to shut down. Zebpay was India’s first Bitcoin (BTC) exchange. It had hundreds of thousands of users, a figure that was rapidly growing. Zebpay … Continue reading “India’s Reserve Bank Schedules Two More Panels On Crypto”
Crypto Ban
No Need For Supreme Court to Intervene in Crypto Ban: RBI
Author Ian CooperPosted on Categories Banking, Bitcoin, Blockchain, Crypto Exchanges, Crypto Technology, Cryptocurrency, General, News, Regulations, UncategorizedLeave a comment on No Need For Supreme Court to Intervene in Crypto Ban: RBIThe RBI (Reserve Bank of India) filed an affidavit with the Supreme Court. This was in response to one of the petitions against the crypto banking ban instituted by the RBI. The Ban The central bank said that it enforced the ban in accordance with its power. It said that none of the petitioners provided … Continue reading “No Need For Supreme Court to Intervene in Crypto Ban: RBI”
