India’s central bank is pushing back against a court-approved petition seeking regulation – effectively legalization – of cryptocurrencies like bitcoin in the country. The Reserve Bank of India (RBI), the country’s central bank and financial regulator, has responded to a public interest litigation (PIL) filed in India’s Supreme Court in November 2017 that called on
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Posted by Samburaj Das on May 15, 2018 @ https://www.ccn.com/cant-unilaterally-rule-on-bitcoin-legality-indias-central-bank-tells-supreme-court/
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