Home / central banks / Can’t Unilaterally Rule on Bitcoin Legality, India’s Central Bank Tells Supreme Court

Can’t Unilaterally Rule on Bitcoin Legality, India’s Central Bank Tells Supreme Court

India’s central bank is pushing back against a court-approved petition seeking regulation – effectively legalization – of cryptocurrencies like bitcoin in the country. The Reserve Bank of India (RBI), the country’s central bank and financial regulator, has responded to a public interest litigation (PIL) filed in India’s Supreme Court in November 2017 that called on

The post Can’t Unilaterally Rule on Bitcoin Legality, India’s Central Bank Tells Supreme Court appeared first on CCN

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