Supreme Court of India quashes RBI ban on cryptocurrency

The quashing of RBI ban on cryptocurrency by the Supreme Court of India has bought cheers to the country’s crypto community. In the much-awaited hearing scheduled on Wednesday, the SC struck down the RBI ban on cryptocurrency trading. The court ordered that the Reserve Bank of India’s 2018 prohibition order related to digital currencies is illegal and allowed free trading of virtual currencies, including Bitcoin. A three-judge...