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Reserve Bank of India to Appeal Supreme Court’s Crypto Decision

Published 03/06/2020, 03:58 AM
Updated 03/06/2020, 05:42 AM
Reserve Bank of India to Appeal Supreme Court’s Crypto Decision

The Reserve Bank of India (RBI) is planning to file a petition against the recent landmark judgment made by the Supreme Court that nullified the controversial banking ban it imposed on companies transacting in cryptocurrencies.

According to a report by The Economic Times on March 6, the RBI is worried that the court’s decision could lead to cryptocurrency trading and put the banking system at risk.

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