Today the Indian Supreme Court took petition against the banking services of crypto currency we all know it is not a good news for Indian bitcoin dealers. Supreme Court heard in favor of RBI and according to that it does not comes under legal law that’s why RBI had submitted petition against it.
Before the confirmation and hearing of Supreme Court we all were expecting that the decision will come in favor of crypto users. But it could not happen yet. The final decision will come on 17th of July. All we know this month was full of trouble and shocking for Indian bit coin users. But there is good news for crypto users that don’t give up we still have a hope.
Indian Exchanges Are Ready To Launch Their Crypto Trading Services Waiting For Final Decision
Hope for best and hope for new when one thing gets closed several opens in front of those who knew how to implement it and how to work on it. Nothing is bad in this world I know some time thing gets complicated and we are unable to thing with in the same process to continue our mind, somewhere find nothing in front. Same as that today we have difficult situation, to cope up Over that, Indian exchanges have announced to launch their crypto trading services.
Wazirx is the Indian exchange which is launching p2p services for Indian crypto users they found the exchange alternative after the prohibition on direct banking services. They told on p2p services that this comes under Indian legal law and in p2p trade the buyer and seller can deal with each other directly while direct banking services will completely banned it depends on the final decision of Supreme Court on 17th of July. Person to person services are easy to make after banning banking services for Indian bit coin users two person can easily deal with each other by cash to cash or by Skrill gateway method which is foreigner payment method can be used by the Indian crypto users.
When It Will Be Launched?
The Indian exchanges said that they will launch it while the direct banking services will be completely banned by Supreme Court. Along with that we all are waiting for the final hearing. After that our new mechanism system will start with new upcoming hopes and opportunities. We are hoping it will give feedback same as crypto has done.
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