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The Curious Case Of Cryptocurrencies
Will the cryptocurrency judgment prompt courts to equally apply evidence-based proportionality review in civil liberties cases?
12 Mar 2020, 05:25 PM IST
Last week, the Supreme Court issued judgment in a case involving a challenge to the Reserve Bank of India’s decision to decouple cryptocurrencies from the banking system.On April 5, 2018, the RBI issued a statement directing all entities regulated by it not to provide services to individuals or businesses dealing with cryptocurrencies, such as Bitcoin, Ethereum and Litecoin. Regulated entities that had pre-existing relationships with...
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