Indian Supreme Court Wraps up Crypto Hearing for the Year

The Supreme Court of India called on for hearing on Monday the writ petitions challenging the banking restriction by the Reserve Bank of India (RBI). After hearing from the RBI’s counsel, the court wrapped up the case for the year. Its decision follows Lok Sabha, the lower house of the Indian parliament, revealing that a crypto bill will not be discussed this year.

Also read: Indian Government Delays Introducing Crypto Bill

Supreme Court Sets New Date

The case against the crypto banking restriction by India’s central bank was scheduled for hearing by the country’s supreme court on Tuesday. However, the court called on the case for hearing on Monday at the request of the senior counsel for the RBI, who requested an adjournment of the crypto case as he is currently engaged in another ongoing supreme court case. The court order released later on Monday states:

Upon hearing the counsel the court made the following order. As prayed for, the matters…