The Indian Crypto Case

Most of you guys know that about the Banking Ban on Cryptocurrencies that is in effect in India for the entire last Year. It was very difficult to get FIAT for Cryptocurrencies or Vice versa but we still persisted and survived. Things were getting heated up and finally, there was a huge case filed against RBI for the apparent Banking Ban. Now the case had been circling around the Supreme Court for quite some time but last month the Apex Court gave the Government an Ultimatum so that they could come up with some regulations on Crypto. The deadline for that Ultimatum passed about a week ago before which the Government appealed for some extra Time to get regulations in order and the Supreme Court granted it.

Now the thing is, it's getting very complicated as if Regulations are coming or is the Government just stalling for Time so that the Elections pass over. The Elections also do come as a critical point in this as believe it or not Indian Elections are pretty Bizzare and anything goes.