The Supreme Court of India has reportedly given the Indian government four weeks to come up with cryptocurrency regulations before making its ruling on pending crypto cases. The court was set to hear the petitions against the crypto banking ban by the central bank this week.

Also read: SEC Chair Explains Key Upgrades Needed for Bitcoin ETF Approval

Government Given a Deadline

The Indian supreme court reportedly addressed the matter regarding cryptocurrency today, Feb. 25. According to Twitter account Crypto Kanoon, a platform for blockchain regulatory news and analysis, the court gave the government four weeks to come up with a clear regulatory framework for cryptocurrencies. After that time, the court will make a decision on the crypto banking ban by the country’s central bank, the Reserve Bank of India (RBI)….

Click to continue reading on its source location…

Source: https://news.bitcoin.com/indian-supreme-court-government-cryptocurrency-regulation/