Topic: Crypto Judgement day India - page 3. (Read 877 times)
I think the court of India will not ban this coin because many of the people invested money in BTC based on this people will suffer if they ban so their court will take proper step for btc because they care about their citizen.
Yes, now everyone is waiting for the judgement day. However, I believe that the Supreme Court will take a decision in the favour of the crypto community because it is something that might affect the economy and empower parallel economy if banned so the best solution is to allow cryptocurrencies and charge tax as per the existing rules instead of forcing users to trade in cash.
The effort of the Bitcoin trading floor in India to regulate the market has prompted the Indian government to reconsider its currency and India has not banned bitcoin or electronic money.
On July 20, the Indian crypto community had its eyes on the supreme court as the much-awaited judgment on the petition against the RBI (central bank) ban to provide INR and banking support cryptocurrency businesses, was to be pronounced. But Since SEBI and few others have not filed their response the date for the hearing and argument has differed to September 11, 2018.
https://coingape.com/indian-supreme-court-pushes-rbi-crypto-ban-petition-september-11/
https://coingape.com/indian-supreme-court-pushes-rbi-crypto-ban-petition-september-11/
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