Four Indian cryptocurrency exchanges move Supreme Court against RBI’s cryptocurrency ban

In today’s breaking cryptocurrency news update, we look at four Indian cryptocurrency exchanges – Koinex, Coindelta, Throughbit and CoinDCX – which have jointly filed a writ petition against RBI in the Supreme Court. The petition is against the April 6 RBI circular which banned banks from offering services to cryptocurrency exchanges. The writ petition is likely to come up for hearing on May 11th, 2018. It’s good to see Indian exchanges take a joint stand against RBI’s decision. Here’s hoping RBI’s draconian decision is reversed soon!

Leave a Reply

Your email address will not be published.