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India just unbanned Bitcoin (today)


> It has come to our consideration via media stories that sure banks/ regulated entities have cautioned their prospects towards dealing in digital currencies by making a reference to the RBI round DBR.No.BP.BC.104/08.13.102/2017-18 dated April 06, 2018. Such references to the above round by banks/ regulated entities usually are not so as as this round was put aside by the Hon’ble Supreme Courtroom on March 04, 2020 within the matter of Writ Petition (Civil) No.528 of 2018 (Web and Cellular Affiliation of India v. Reserve Financial institution of India). **As such, in view of the order of the Hon’ble Supreme Courtroom, the round is now not legitimate from the date of the Supreme Courtroom judgement**, and subsequently can’t be cited or quoted from.

https://rbi.org.in/Scripts/NotificationUser.aspx?Id=12103&Mode=0



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