Cryptocurrency Company Moves High Court Against RBI Circular On Virtual Currencies, Wants To Make Them Legal
December 22, 2019 | News | No Comments
A company engaged in trading in cryptocurrencies has challenged an RBI circular, prohibiting banks and financial institutions from providing services in relation to such virtual currencies, in the Delhi High Court.
The plea was yesterday listed for hearing before Justice Rajiv Shakdher, who asked the high court registry to place it before the bench which is already hearing a similar matter.
The petitioner company, Flintstone Technologies Private Limited, has sought the withdrawal of the April 6 circular of the Reserve Bank of India (RBI), claiming that it is “arbitrary, unfair and unconstitutional“.Click Here: COLLINGWOOD MAGPIES 2019
