Wednesday, March 4, 2020

SC quashes RBI’s circular which debarred banks from dealing in transaction involving crypto currencies

FEMA, BANKING LAW & INSURANCE : The Supreme Court has struck down a RBI's circular dated April 6, 2018 which directed banks and entities regulated by RBI not to deal in Virtual Currencies (VC) nor to provide services for facilitating any person or entity in dealing with or settling virtual currencies

from www.taxmann.com Latest Case Laws https://www.taxmann.com/topstories/101010000000193977/sc-quashes-rbi’s-circular-which-debarred-banks-from-dealing-in-transaction-involving-crypto-currencies.aspx
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