Supreme Court: Ad Valorem Court Fees Apply to Appeals Seeking Statutory Land Acquisition Benefits  ||  Supreme Court: Cruise Voyages Remain Shipping Business under Section 44B Despite Onboard Services  ||  Supreme Court: People Abandon Cattle on Roads But Object to Their Use For Food  ||  Supreme Court Stays CIC Decision Declaring NSE Subject to the RTI Act  ||  SC: Wife May Be Denied Interim Maintenance if Husband Ex Facie Establishes Adultery  ||  SC: Prior Testimony is Inadmissible without Section 299 CrPC Order against Absconder  ||  Supreme Court: Administrative Action Can't Be Invalidated Solely for Lacking Formal Order  ||  Calcutta High Court: Section 141 NI Act Does Not Apply to Sole Proprietorships  ||  Orissa High Court Criticizes Magistrate for Defying Direction in Cheque Bounce Case  ||  Delhi High Court Safeguards Yuvraj Singh's Personality Rights, Orders Deepfake Takedown    

SC Lifts Curbs on Cryptocurrency Imposed by Reserve Bank of India - (04 Mar 2020)

BANKING

Supreme Court has lifted the curbs imposed by the Reserve Bank of India (RBI) on entities regulated by it such as Banks and Non-bank financial institutions from dealing with cryptocurrencies. The Court held that the RBI's circular, which prevented regulated entities from dealing with virtual currencies, was liable to be set aside on the "ground of proportionality".

Tags : SUPREME COURT   CRYPTOCURRENCY  

Share :        

Disclaimer | Copyright 2026 - All Rights Reserved