RBI V/s Crypto Exchanges: Matter Adjourned Till Tomorrow

RBI V/s Crypto Exchanges: Matter Adjourned Till Tomorrow

After a day of waiting for the final judgement on whether or not cryptocurrency exchanges can start working with banks or not, the Supreme Court announced that the matter was adjourned till tomorrow.

Honestly, it was very disappointing as most people in the Indian crypto community had their eyes peeled on the developments, eagerly interacting with lawyers, exchange representatives, press to know the result of the case.

Crypto Kanoon, a crypto based law firm, first tweeted out the news on their Twitter handle.

Advocate Dwaipayan Bhowmick who is one of the petitioners in the case told Crypto-News India, “Yes. The news is true that the matter has been adjourned till tomorrow.” When we asked him what time would it be heard, Bhowmick said, “The Supreme Court does not work according to a fixed time. However, once it clears the previous pending matters, it will begin hearing this case. The court will start at 10:30 am tomorrow. I believe, our matter will be taken up around or post 12:30 pm.”

Well looks like there is nothing much to do now, except wait for tomorrow and see what the results bring in.

#RBI #Crypto Exchanges #RBI update #Cryptocurrency #Bitcoin India #Indian exchange


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