The Economic Times reports that after a lengthy trial, the Supreme Court of India lifted the cryptocurrency ban introduced by the Reserve Bank of India (RBI) on April 6, 2018. The country's central bank previously banned state-owned banks from servicing cryptocurrency exchanges and other companies that deal with the digital assets. After a court decision, the situation should change.
Nischal SHETTY, CEO of the famous Indian exchange WazirX, believes that the next steps for the crypto community should be working together with the government to ensure proper laws regarding the crypto industry in the country.
Image courtesy of Coinwire