RBI, the central bank of India,
has not made a proper effort to thoroughly research the nature and usage of cryptocurrencies before issuing its crypto ban. This is according to a reply sent by the bank to a Right to Information query filed by a lawyer. Copies of the communication have been distributed on social media and published by local crypto outlets.
Read ArtcileThis really doesn't matter. When the Central Bank takes a stand, it is highly unlikely that anything can be done about it.
I don't see the courts jumping up and reversing a decision taken by RBI (who are perceived as experts).