Tagged: supreme court of india

Sumit Gupta: Co-founder at CoinDCX Reveals How India’s Banks Have Responded to Crypto Businesses After Supreme Court Lifted RBI’s Banking Ban

  In March, it was reported that CoinDCX had secured $3 million in funding through a Series A investment round, led by Bitcoin Mercantile Exchange (BitMEX) operator, HDR Group. At that time, Sumit Gupta, co-founder and CEO at CoinDCX, said the crypto space in India was developing… Read More

Reserve Bank of India is Planning to Submit a Review Petition on Supreme Court’s Ruling to Lift Ban on Cryptocurrency Transactions

The Reserve Bank of India (RBI), the nation’s central bank, is getting ready to submit a review petition on the Supreme Court’s recent ruling regarding cryptocurrency transactions. According to the Economic Times, which cited sources familiar with the matter, the RBI is concerned the Court’s… Read More

CoinDCX Founders Respond to Supreme Court of India’s Ruling on Cryptocurrency

Earlier today, Crowdfund Insider reported on the Supreme Court of India’s ruling on cryptocurrency that removed restrictions on virtual currency transactions imposed in April 2018 by the Reserve Bank of India. The ban impeded banks from providing services to entities dealing with cryptocurrencies. Of course,… Read More

Landmark Cryptocurrency Ruling: Supreme Court of India Lifts Reserve Bank of India’s Ban on Virtual Currency Transactions

In a landmark ruling, the Supreme Court of India on March 4, 2020 officially removed the restrictions imposed by the Reserve Bank of India (RBI) on regulated commercial entities, which prohibited local banks and non-banking financial companies (NBFCs) from offering services to firms and individuals… Read More

Indian Supreme Court Orders Government to Regulate Crypto Sector Within Four Weeks

The Supreme Court of India yesterday ordered the Indian state to establish rules to govern the cryptocurrencies and sector there within four weeks, Inc42 reports. Justices Rohinton Fali Nariman and Vineet Saran also declined to hear from any more petitioners regarding an ongoing legal fight against… Read More

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