Calcutta HC: In Framing Arbitration Agreement Words Used Must be Certain, Definite  ||  J&K HC: Can’t Evaluate Performance of Employee When on Sanctioned Leave During Covid  ||  Kerala HC: Public Paying Toll Fees Casts Responsibility on NHAI to Ensure Smooth Traffic  ||  Calc. HC: Writ Court Rejecting Claims Over Disputed Issues Doesn’t Bar Arbitration if Clause Exists  ||  Gujarat HC Notifies Revised SOP for Virtual/Hybrid Hearing of Cases  ||  Kerala HC: Mere Assessment of Mental Illness by Referring to Mental Health Board Won’t Serve Purpose  ||  Bom. HC Upholds Validity of 7th proviso inserted in S. 2(b) of Maharashtra Entertainments Duty Act  ||  SC to Suspend Operation of Committee Under UP Shri Bankey Bihari Ji Temple Trust Ordinance, 2025  ||  SC Recalls Direction to Remove Allahabad HC Judge from Criminal Jurisdiction after CJI’s Request  ||  Supreme Court: Enforcement Directorate Cannot Act Like a "Crook"    

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 2025 - All Rights Reserved