India's Supreme Court Refuse to Grant any Temporary Stop against a Central Bank Ban to Give any Banking services to Cryptocurrency Exchanges of India.
Before 3 Months On April 5, RBI Sent Notice to All Banks that to not giv any services to them who are providing cryptocurrency services or any Business like this and RBI giv time of 3 Months to Bank for impliment this Rule and Now the time is come and Banking Srvice with Cryptocurrency Deals Will Stop.
Cryptocurrency Exchanges like WazirX and Koinex has already planned a solution if banking service close. They started Peer to Peer trading that Customer can buy or sell to other customer directly with Safe way and legal way.
The next Hearing from Supreme Court on RBI Ban case will on 20 July. Hopefully, On 20 July can Game Changer day for Indian Cryptocurrency Traders.
Will Supreme Court in Support Cryptocurrency on 20 July ?
Comment your Answer.
really bad news
Don't worry they will change the judgement in public pressure.
if not then it is going to be bad decision for indian economy.
These type of steps make a difference between Developing and Developed countries.
Yes.. Hope to hear good news next time.
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Don't worry. Modi Jetley and co. Willing to accumulate some more BTCs in dip. All manipulative steps for bureaucrat's personal benefits. Crypto is unstoppable and it is the future. India need to embrace it, but as usual another move to pull back the overall economic development.
For a country that is moving towards a cashless system this seems counter productive
Yes.. Blockchain is Future and India just stopping it.
Banking is scared of crypto. If crypto succeeds, banking fails. There are multiple ways to cash out like payza or payeer or even localbitcoins. Dont worry, crypto is here to stay
Yes.. If Banking System is Good than Crypto is Great.
let's see what happen on 20 July. hope court give result in cryptocurrency favour.
what happen 5 july??
Bad news for india
Wait till 20 july
Let see what happen.
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Its really a bad news...but it won't affect cryptoholders as there r multiple ways to cash it out!