Indian Supreme Court to Hear All Crypto Cases Against RBI on July 20

The Supreme Court of India will listen to all cases that have been filed against the Reserve Bank of India on July 20, reports the Economic Times. A total of five petitions have been filed against the country’s central bank after it issued a circular in April that barred any financial institution that it regulates from providing services to crypto-related businesses. The Supreme Court itself issued a directive that bars all the other courts in the country from accepting crypto-related petitions going forward. Lack Of Stakeholder Consultation There have been five petitions in total challenging the Reserve Bank’s directive. Two of them were