 "Cryptocurrency")
With the Supreme Court overturning the Reserve Bank of India's (RBI) April 6, 2018 circular on cryptocurrencies, investors in this asset class would be quite thrilled.
Through the circular, the central bank had banned banks from providing services to cryptocurrency exchanges. Since investors could not transfer money from their bank accounts to a cryptocurrency exchange or get their money back from them, the decision had sounded the death knell of the industry. No wonder, there is significant enrhusiasm after the judgment and players are once again preparing to launch exchanges and peer-to-peer (P2P) platforms.
Aftermath of the ban: Some exchanges
