Home Banking By cancelling RBI’s 2018 circular, SC grants trading in cryptocurrency

By cancelling RBI’s 2018 circular, SC grants trading in cryptocurrency

By
Dhrumit Thakkar
-
505
0
(G.N.S) Dt. 4 New Delhi/Mumbai Supreme Court on Wednesday allowed a plea challenging the Reserve Bank of India’s (RBI’s) 2018 circular which barred banks from trading in cryptocurrencies. “Trading in cryptocurrencies now will be allowed,” the top court noted. In April 2018, the RBI had issued a circular barring banking

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