Crypto update: India’s Supreme Court has postponed the crypto case at the government's request
- The supreme court in India has announced a postponement in a cryptocurrency hearing case.
- Around four weeks ago, the supreme court of India had requested that the government create framework around for cryptocurrency.
The supreme court in India has now postponed a heading on a crypto case, which was at the request of the government counsel. This was going to be covering ground on the country’s regulation around cryptocurrency.
Steps were going to be pushed forward upon addressing the banking ban that was imposed by the country’s central bank, the case as reported however has now been postponed.
Four weeks ago, the supreme court of India had requested the government to produce some framework for cryptocurrency. The latest update was covered by local cryptocurrency news and analysis outlet known as Crypto Kannon, via their Twitter account.
Author
Ken Chigbo
Independent Analyst
Ken has over 8 years exposure to the financial markets. He started his career as an analyst, covering a variety of asset classes; forex, fixed income, commodities and equities.
