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Author Topic: The final court battle for India’s cryptocurrency exchanges begins  (Read 171 times)
Guvn0r
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September 11, 2018, 05:27:03 PM
 #1

The uncertainty may finally be ending for the Indian cryptocurrency ecosystem


Today (Sept. 11), the supreme court will begin the final hearings in the case between virtual money exchanges and the Reserve Bank of India (RBI). At the end of the arguments, it will be known if the exchanges will get any reprieve from the banking regulator’s crackdown.
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September 11, 2018, 11:07:59 PM
 #2

The uncertainty may finally be ending for the Indian cryptocurrency ecosystem


Today (Sept. 11), the supreme court will begin the final hearings in the case between virtual money exchanges and the Reserve Bank of India (RBI). At the end of the arguments, it will be known if the exchanges will get any reprieve from the banking regulator’s crackdown.
Keeping my fingers crossed  Grin

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September 12, 2018, 12:00:25 PM
 #3

By Sept 17 th we may get clarity on crypto currency bank withdrawals hopefully we may get positive feedback on this court move
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September 12, 2018, 05:12:58 PM
 #4

By Sept 17 th we may get clarity on crypto currency bank withdrawals hopefully we may get positive feedback on this court move
Hope for the positive,if court give green signal than crypto market in india gonna be massive in coming years
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September 13, 2018, 03:50:20 AM
Last edit: September 13, 2018, 05:39:29 AM by Viper_Unleashed
 #5

Its really getting boring listening daily updates but unfortunately we are not getting any real solution.
Only postponing and adjourning each day.
Yesterday I also saw the news about coin recoil which had been and still on upfront fighting the battle.
This venture of kali digital eco-systems had also gone live and they are claiming that they will bring about more than 50 coins at the end of the october.
One more news could give a boost

https://kryptomoney.com/kucoin-cryptocurrency-exchange-lists-decred-dcr/

Really don't know what things are in stock for.
Prices of every coin is right now is almost mouth watering  Tongue Tongue Tongue Tongue Tongue
somehow controlling my urge to buy a few. Grin Grin Grin Grin Grin



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Guvn0r
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September 13, 2018, 05:20:33 AM
 #6

I am really tired of these blood sucking financial system, banks and intermediarys who give no shit about anything but.somehow fill their own pockets..special mention goes to RBI for being a puppet.

BTC is the only solution to.handle.corruption and wipe out.every exploitation and bring true.financial.freedom.
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September 13, 2018, 05:28:42 AM
 #7

I am really tired of these blood sucking financial system, banks and intermediarys who give no shit about anything but.somehow fill their own pockets..special mention goes to RBI for being a puppet.

BTC is the only solution to.handle.corruption and wipe out.every exploitation and bring true.financial.freedom.
Absolutly true but this puppet RBI wont let btc to overtake their shit financial systems
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September 13, 2018, 05:45:24 AM
 #8

Surveys and news shows that during bull run/notebandhi season time most scams and money laundering happened in Gujrat.
many people lost money and people having tons of loads of black money fell victim to that.
Don't you thing already someone already managed his/her funds for next election campaign eliminating a larger finance stability of all other competitors ??
Afterall the puppet has to work accordingly may be one more scam is going to be operated soon.
Giving financial freedom means most of the people working in banks will be of no use and soon it will give rise to more unemployment LOL.... Tongue Tongue
Very much pathetic situation at present lets see how much more adjourning and delay will happen like ekta kapoor's tv shows.... Grin Grin Grin Grin Grin Grin



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September 13, 2018, 02:44:30 PM
 #9

By Sept 17 th we may get clarity on crypto currency bank withdrawals hopefully we may get positive feedback on this court move

Current Legal System Can’t Recognize Bitcoin, India’s Central Bank Tells Supreme Court

https://www.ccn.com/current-legal-system-cant-recognize-bitcoin-indias-central-bank-tells-supreme-court/

But still, there is a hope that there will be a few new laws made...

And now again all eyes on Sep-17th: Smiley


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September 13, 2018, 08:13:49 PM
 #10

Still we did not get final judgement from high court it will be going forward and forward again and again so I don't know when will be going end all things with favour of Bitcoin, but we know it will be going end soon.

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September 16, 2018, 06:16:37 AM
 #11

I am really tired of these blood sucking financial system, banks and intermediarys who give no shit about anything but.somehow fill their own pockets..special mention goes to RBI for being a puppet.

BTC is the only solution to.handle.corruption and wipe out.every exploitation and bring true.financial.freedom.

You are living in a dream world. Bitcoin will solve nothing. Eradicating corruption requires systemic change.
If Bitcoin succeeds, corrupt politicians would line their pockets with bitcoins.
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September 16, 2018, 05:38:59 PM
 #12

I am really tired of these blood sucking financial system, banks and intermediarys who give no shit about anything but.somehow fill their own pockets..special mention goes to RBI for being a puppet.

BTC is the only solution to.handle.corruption and wipe out.every exploitation and bring true.financial.freedom.

You are living in a dream world. Bitcoin will solve nothing. Eradicating corruption requires systemic change.
If Bitcoin succeeds, corrupt politicians would line their pockets with bitcoins.

May be his expectation is a bit more than the reality. But, Bitcoin & Blockchain will definitely bring in more transparency to our system. Transparency is something, our current establishments want to avoid. Hence, we're seeing the resistance. But, always remember this...




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September 16, 2018, 06:28:29 PM
 #13

I hope that the final judgement is going to end for Bitcoin or cryptocurrency market favour but still we have to wait until the Indian high court going to give a final judgement until only expansion is are hope.

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September 17, 2018, 06:46:38 AM
 #14

Guys , will anything happen today? Very much excited to know about this.
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September 17, 2018, 05:23:01 PM
 #15

It will take a long time to make popular the cryptos in India.  Still in our country ; most of people do not know how to operate internet.  So using crypto is still not possible at large scale.
And until the crypto usage does not increase (govt permission to use crypto required)  exchanges will not open.  But after some years the Government will have to allow the use of crypto because it is gaining international acceptance.
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September 18, 2018, 06:44:17 AM
 #16

Tarikh pe tarikh tarikh pe tarikh... Tongue Tongue Tongue Tongue Tongue
I guess time demands to call Sunny Deol Grin Grin Grin Grin
Making fuds and all nothing here is going to change rules regulations ko maro goli.....
The price is quite low now people are already shifting to different methods and trying new things.
Ban - NO Ban nothing changes people had earlier also and now also will find a way and that's the truth.
Peer to peer is what we really need today.
Everyday the bank charges are increasing and 90% morons working in banking sectors who have no knowledge makes transaction work very slow.
People should get financial freedom and carry on their work.

JAI HIND



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callyf
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October 13, 2018, 06:00:01 PM
 #17

Hi
Right now the date is not fixed if I m wrong any date is fixed.

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ragavancoin
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October 13, 2018, 06:08:34 PM
 #18

We cannot guess when will final judgement going to get regarding cryptocurrency exchanges issue in India. Already one big exchanges zebpay it is shutdown the all activities regarding Crypto exchanges, because of the RBI issue, I hope all things going to end with favourite cryptocurrency  very soon.

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