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?
To be honest the Indian govt is still about the usage and regulation of crypto issue but the ban has been imposed by the Reserve bank of India, and the ban only states that no buying or selling of any crypto currency can take place, although peer to peer trading has got no restriction and to be honest Reserve bank cant even control the peer to peer trading, maybe the ban might get lifted if some bad consequences are seen but for now simply it wont.