India: Delays In The Crypto Case Against RBI

in #india5 years ago (edited)

I've a feeling this case against the RBI will be a long drawn out battle given the huge number of delays we've seen throughout last year and this one.

Now, from 23rd to today, and now tomorrow, the case is being pushed forward once more. In a country that bans everything before revoking it later after it's fought against by the people, bills such as the draft bill for banning cryptocurrencies can be passed in the parliament.

Anyway, that's for later, but for now, the Supreme Court of India hasn't given this issue a greater priority but I'm really hoping that it will do justice to the citizens of this nation by ruling against the draconian mandate of the RBI preventing exchanges in India from having a bank account.

Also, I hope in the following sessions the draft bill too will be exposed for its flaws and breach of fundamental rights of citizens to earn an honest living and find and create new opportunities in an emerging sector of the IT industry.

Tomorrow is a new day, let's hope this case moves forward.


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What to do now. I am confused. Should we continue work or we have to stop the work on Steemit in India. Need your valuable suggestion and comments.

Just keep going as it is. :)

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yes, let pray to God, the result will be in the favour of cryptocurrency holders.

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Lots of ongoing projects are being affected and new startups also delays... This is a big problem in real life scenario.. Where the hell is freedom here???? They are saying private crypto currencies have no real value and I think it's far better than Reliance Power Shares given at Rs. 430/- now at Rs. 3.89

Hi @firepower

I just found this post:

Would you mind telling me if this is true? Just curious. and I figured that you may know

Yours
Piotr

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