CryptoCurrency BAN in INDIA - Supreme court proceedings today !! Latest UPDATE !!

in #india6 years ago (edited)

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Hello my INDIAN Traders

Regarding Today's(20/07/2018) Hearing from Supreme Court

Limited Arguments Were Advanced On Behalf of IAMAI and RBI Today. Since SEBI (The Securities and Exchange Board of India) and Few Others Have Not Filed Their Response to the Petition Seeking Regulation , So the Court Directed For Completion of Pleadings.
All Remaining Parties Will File Thier Reply Within 4 Weeks.

Final Date of Hearing is 11th September.

CONCLUSION

As expected The RBI is trying to delay the proceedings as they have no points to prove.This is the harsh reality of indian system.In the end only the crypto traders have to suffer due to this lethargic attitude.

However I am Very Much Positive, That The Next Outcome of Hearing Will Be "Regulation of Cryptocurrencies in India."
Crypto is the future.Lets fight together during these tough times and stay strong.
Also we are going to see a BTC rally soon.Stay tuned !!

Please share your thoughts in the comments regarding this development !!

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Wait kro bhai, dab accha hoga.

yeah wait and watch !!

It seems good. I hope results come with positive side.

Definitely something positive will come very soon.

Hope So !
When US government has positive stance on crypto indian government can not do any thing !

Yes you're right they have no points to prove. They just taken all these steps without researching what is crypto currency over all.

what do you think will crypto ban over in india

Crypto is here to stay dear !!

Thet has to legalize it.

yeah they have no option.
But they are delaying it for the loss of indian common people

They don't think thee good of us.

waiting for some good news from RBI lets hope positive news we can see in upcoming future.

Wake up SC taarikh par taarikh :(

Indian govt. Will surely regularise the crypto

Yeah they will !! Just delaying the invitable !!