The Reserve Bank of India has got a court backing for its earlier restrictions on providing bank services for those who deal on bitcoin and cryptos,This is a direct disregard to warnings recently issued by experts(to Europeans banks) that banning cryptos will have undesirable consequences.Do you think it will reconsider its stance?
I doubt it will reconsider its stance unless there is some serious political pressure. Peer to peer trading will probably still go on as it does across the world now in many countries.