The hope for an overview of the hardline approach lives on, however, as last week a anonymous source's report in the government suggested that cryptocurrencies might be viewed as commodities in the future, and hence become regulated by relevant authorities rather than remain mostly banned. Just be positive and hope that they understand this world.
Yeah, let's see the future..
As of now, the
RBI Cryptocurrency Case Again Adjourned By Supreme CourtIt was expected and it was no shock that the RBI Cryptocurrency case has again been adjourned.
The Supreme court of India adjourned the RBI Vs Cryptocurrency case till tomorrow due to hearings of previous case. Although the case is adjourned till tomorrow, it is highly unlikely that the RBI Crypto case would be heard tomorrow due to other matters that are lined up for arguments before the crypto matter.
The RBI Cryptocurrency case was listed as the item no. 17 in the court no.9 of Supreme Court of India.
To mention again, the Supreme Court is not delaying only RBI Cryptocurrency case but also all other cases as well due to lengthy hearings of previous cases. So, only RBI Vs Cryptocurrency case is not getting adjorned, every case that reaches Supreme Court is important and thus, the hearings takes time.
Source Link: https://kryptomoney.com/rbi-cryptocurrency-court-case-25-september-2018/