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Tag: Central government

Indian Central Bank Challenged in High Court over “Unconstitutional” Crypto Regulation

Category: Altcoins, Bitcoin, Finance, News, Regulation

Indian Central Bank Challenged in High Court over “Unconstitutional” Crypto Regulation

The High Court of Delhi has sought a response from the Central Government of India over a statement issued by the Reserve Bank Of India on April 6, 2018. Amidst other restrictions, it barred banks and other financial institutions across the country from providing any banking services to companies involved in dealing with cryptocurrencies. The High Court also directed the…

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Banks in Iran Barred From Dealing in Bitcoin And Other Cryptocurrencies

Category: Altcoins, Bitcoin, Finance, News, Regulation

Banks in Iran Barred From Dealing in Bitcoin And Other Cryptocurrencies

According to a report in the local media outlet, IRNA which was quoted by Reuters on Sunday, April 22, 2018, Iran has become the latest country to have its apex bank prohibit other banks from engaging in crypto transactions. The central banks of India, Nigeria, and Pakistan are among some of the others to have issued such a ruling. According…

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