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The Supreme Court on Thursday acceded to the request of the Reserve Bank of India and stayed all cases in high courts involving bitcoin. The court posted the hearing for July 20.
No court shall accept petitions on the subject of cryptocurrency. The court asked the Attorney General to assist the court in this matter.
RBI submitted before a bench presided over by Chief Justice Dipak Misra that petitions have been filed in the Delhi and Calcutta high courts and they are “mushrooming” in various courts. It wanted all of them to be transferred and consolidated in the Supreme Court so
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