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RBI’s Power Over Crypto Challenged at Length in Indian Supreme Court Today

<header class=”article__header”> </header> <strong>The Indian supreme court resumed hearing the writ petitions against the banking restriction by the central bank, the Reserve Bank of India (RBI), on Wednesday. Many issues were discussed, ranging from the legality of the RBI action to the classification of crypto assets and how each country regulates them.</strong> Also read: India …

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India to Introduce Crypto Bill Next Parliament Session – A Look at Community Responses

<header class=”article__header”> </header> <strong>The Indian government has submitted a draft crypto bill to the supreme court and expressed its intention to introduce the bill in the next parliament session. The court subsequently set a new date to hear the case relating to crypto regulation. Meanwhile, the Indian crypto community has ramped up efforts to influence …

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Indian Supreme Court Heard Crypto Case in Depth Today

<header class=”article__header”> </header> <strong>The Indian supreme court finally heard the crypto case today after postponing it several times. The court addressed the government’s crypto policy as well as the writ petitions challenging the banking restriction by the central bank. The latter was heard in some detail while the former was further delayed at the request …

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Indian Government Unveils Draft Crypto Bill Ahead of Supreme Court Hearing

<header class=”article__header”> </header> <strong>The Indian government has officially released the report by the interministerial committee tasked with proposing crypto measures. The announcement came one day before the country’s supreme court was scheduled to hear the writ petitions against the crypto banking restriction. The report contains the draft bill which proposes a ban on cryptocurrency.</strong> Also …

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Crypto Bullishness Spreads on Capitol Hill

<header class=”article__header”> </header> <strong>U.S. Congress has shown that it is starting to care about cryptocurrency as a number of lawmakers spoke up in favor of it this week. “The world Satoshi Nakamoto had envisioned is an unstoppable force” and “there’s no capacity to kill bitcoin” are some of the comments made by lawmakers. Meanwhile, the …

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Indian Supreme Court Set to Hear Crypto Case on March 29

<header class=”article__header”> </header> <strong>The four-week window that the Indian supreme court has given the government to come up with crypto regulation is coming to an end. According to the court’s Advance List, the crypto case is listed for March 29. Meanwhile, the community is ramping up efforts to bring about positive crypto regulation and the …

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Indian Government Confirms Cryptocurrency Regulation in Final Stages

<header class=”article__header”> </header> <strong>The government of India has told the country’s supreme court that the committee tasked with drafting crypto regulation is in the final stages of deliberations. The court plans to hear the petitions against the banking ban by the central bank after the government produces crypto regulation.</strong> Also read: Indian Supreme Court Gives …

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The Race to Represent QuadrigaCX’s Creditors May Be Decided Today

Law firms jockeying to represent somewhere between 90,000 and 115,000 users of QuadrigaCX will appear before the Nova Scotia Supreme Court Thursday to see which firms will be appointed representative counsel. The Canadian crypto exchange filed for, and was granted, a stay of proceedings under the Companies’ Creditors Arrangement Act (CCAA) earlier this month. As a …

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