KCN: RBI WILL FILE A PETITION WITH THE SUPREME COURT

RBI WILL FILE A PETITION WITH THE SUPREME COURT

The Reserve Bank of India (RBI) plans to file a petition with the Supreme Court, which annulled a ban on operations with cryptocurrencies. According to The Economic Times: “the central bank is concerned that the apex court’s decision on Wednesday could pave the way for trading in virtual currencies and put the banking system at risk”. There will always be those who “For” new technologies and those who “Against”. We will keep track of how things will continue in India further. Stay with us. See you soon!

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