India’s supreme court has postponed hearing the crypto case at the request of the government’s counsel. The court was expecting to hear about the country’s cryptocurrency regulation today before proceeding to address the banking ban by the central bank. However, the case has now been postponed.
Also read: Indian Supreme Court Set to Hear Crypto Case on March 29
Supreme Court Hearing Today
The Supreme Court of India was scheduled to hear the crypto case today, after it gave the government four weeks to produce a report on the regulatory framework for cryptocurrency during the last hearing on Feb. 25. However, according to Twitter account Crypto Kanoon, an Indian platform for blockchain and crypto regulatory news and analysis:
Supreme Court has adjourned the Crypto vs RBI matter on the request of government’s counsel. Matter fixed for final arguments in 2nd week of July on a non-miscellaneous (regular) day.
India’s cryptocurrency regulation is being drafted by an interministerial committee headed by…