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You are here: Home / Archives for Internet and Mobile Association of India [IAMAI]

Internet and Mobile Association of India [IAMAI]

Supreme Court of India Lifts the Ban on Banks Facilitating Cryptocurrency Trading

March 4, 2020 by Arnold Kirimi

The Supreme Court of India has eventually lifted the curb placed by the Reserve Bank of India (RBI) on digital currencies. On March 4, the prime court in the land struck down  RBI’s ban on banks providing financial services to crypto related businesses; describing it as illegal. Moreover, the court verdict was delivered by justices […]

Filed Under: Bitcoin News, News Tagged With: cryprocurrency industry, Crypto Adoption, Crypto Regulations, Internet and Mobile Association of India [IAMAI], Reserve bank of India

Reserve Bank of India Claims ‘Crypto Is Not Banned, Banks Just Cannot Use It’ Before January 28 Hearing

January 23, 2020 by Ketaki Dixit

India has been a major hotbed for cryptocurrency discussions within the South Asian region. The country has repeatedly held a negative stance against digital assets despite several citizens using crypto on a day to day basis. In a new twist to the Indian crypto saga, it has been revealed that the Reserve Bank of India […]

Filed Under: News Tagged With: Crypto Adoption, crypto ban, Foreign Exchange Management Act [FEMA], India, Internet and Mobile Association of India [IAMAI], RBI, Reserve bank of India

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