[Breaking News] Supreme Court of India has struck off Reserve Bank of India's (RBI) banking ban against Cryptocurrency

The Supreme Court on Wednesday, March 4 2020, allowed dealing in cryptocurrency, quashing an earlier ban imposed by the Reserve Bank of India (RBI) on trading in virtual currencies such as Bitcoin.In April 2018, the central bank had tightened rules to discourage the use of virtual currencies such as Bitcoins.The ban on cryptocurrencies was aimed at "ring-fencing" the country's financial system from the private virtual currencies, deemed illegal by the government.Finally, The Court held that RBI Circular dated 6th April 2018 is unconstitutional.Stay tuned with this thread. As soon as, I receive the Judgment copy from the court, I will share it here.Thanks. via /r/Bitcoin http://bit.ly/3arjVQW