Breaking Supreme Court Allowed Cryptocurrency trading in India

[Abhinav]

https://twitter.com/x/status/1235073048807497728

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[Bapun]

The Supreme Court on Wednesday struck down the curb on cryptocurrency trade in India. “SC rules curb on crypto currency trade illegal,” the report said while adding that the order lifted ban on trading in virtual currency, cryptocurrency and bitcoins.

Bitcoin, the most valued cryptocurrency in the world, was down 0.39 per cent at $8,815. The market cap of the currency stood at $161 billion.

SC allows trade in cryptocurrency, quashes RBI curb

They are called as virtual currencies in India.