Four Crypto Exchange Challenge: - "Bitcoin Banking Blockade of India in the Supreme Court"

This Cryptocurrency Exchange has gone to the Supreme Court with its shareholders. In this Constitution, challenging the constitution, the validity of the circular of Central Bank is valid. This four and Indian Cryptocurrency Exchanges jointly filed an article petition number 373 of 2018 under Article 32.

In the third place in the sequence, the Reserve Bank of India circular is still trying to block the banking services to the cryptowirectional exchanges at third place. This is against the RBI 1 - Coindelata Exchange Bitakfair Technologies Private Limited was operated from Gorgon, 2 - Coenex Exchange Disadidied Internet Labs Pvt Ltd was operated from Mumbai, 3 -Thrubit Technologies Pvt. Private Limited Private Limited Bangalore and 4 - operated Thrubit Exchange of Coin Dcx Pvt Ltd Mumbai, operated from Neblio Technologies.

image from pixabay

It has directed regulated banks and payment platforms to suspend their services immediately for cryptrocessing in these following words. A month has passed with the circular issued on 6th April 2018 by the Reserve Bank of India.