ADD ANI AS A TRUSTED SOURCE
googleads
Menu
General News

SC reserves order on plea challenging RBI's ban on cryptocurrency

New Delhi [India], Jan 28 (ANI): The Supreme Court on Tuesday reserved its order on pleas challenging a Reserve Bank of India (RBI) decision, which barred banking services from dealing in any transaction linked with cryptocurrency.

ANI Jan 28, 2020 16:31 IST googleads

Supreme Court of India

New Delhi [India], Jan 28 (ANI): The Supreme Court on Tuesday reserved its order on pleas challenging a Reserve Bank of India (RBI) decision, which barred banking services from dealing in any transaction linked with cryptocurrency.
A bench headed by Justice RF Nariman has reserved the order after hearing arguments from all the parties in the matter.
The Internet and Mobile Association of India (IAMAI), whose members carry out cryptocurrency exchanges, had approached the top court objecting to a 2018 RBI circular directing regulated entities not to deal with cryptocurrencies.
IAMAI had claimed the move of RBI had effectively banned legitimate business activity via virtual currencies (VCs).
The regulatory body had, on April 6, 2018, issued a circular directing that all the entities regulated by it shall not deal in virtual currencies or provide services to any person or entity for facilitating in dealing it. (ANI)

Get the App

What to Read Next

Politics

Giriraj Singh slams Rahul Gandhi over conduct in Parliament

Giriraj Singh slams Rahul Gandhi over conduct in Parliament

Speaking to reporters here on Thursday, Singh said the opposition had sought permission to speak on the issue of LPG, but did not adhere to the subject.

Read More
Politics

YSRCP files PIL challenging Andhra Pradesh govt’s land policy

YSRCP files PIL challenging Andhra Pradesh govt’s land policy

Former Andhra Pradesh Minister Gudivada Amarnath on Thursday said that the YSR Congress Party (YSRCP) has filed a Public Interest Litigation (PIL) challenging the land policy of the state government, alleging that large extents of valuable public land are being allotted to a few real estate companies at very low prices.

Read More
Politics

Congress' Muraleedharan says LPG shortage "affecting families"

Congress' Muraleedharan says LPG shortage

"Most of the hotels are closed. Even in the few that are open, we are not getting proper food. This situation is affecting families as well. Therefore, we request the Central Government to intervene in this matter and take strong action to ensure the supply of LPG gas," Muraleedharan told reporters in Thiruvananthapuram.

Read More
General News

Woman found dead in hotel room in North Delhi

Woman found dead in hotel room in North Delhi

According to Delhi Police, around 12:30 am, staff of Prince Hotel located at SPM T-point on Church Mission Road informed the beat staff that Room No. 205 was locked and the guest inside was not responding despite repeated knocking.

Read More
Politics

"No shortage of petrol, diesel or LPG": Hardeep Singh Puri

In his statement in the Lok Sabha, Puri said the government has taken multiple measures to safeguard the country's energy security and ensure the uninterrupted availability of petroleum products, cooking gas, and natural gas.

Read More
Home About Us Our Products Advertise Contact Us Terms & Condition Privacy Policy

Copyright © aninews.in | All Rights Reserved.