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Forwarded from Er.VinothKumar TamilBTC
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*CRYPTO VS RBI*


3:18 PM - Manner in which other countries have treated Cryptos has been discussed. Justice Nariman Asked for a detailed chart on that.

3:20 PM - Technology underlying the Blockchain and Crypto is being explained to the Hon'ble judges.

3:23 PM - Counsel argues that Cryptos must not be equated to Sovereign Currency i.e., rupee etc.

One is commodity, other is currency.

In support, judgement of Brazilian Supreme Court is being read.

3:27 PM - Court hearing ends here. Case will resume on coming Wednesday 14th August 2019.

- END -
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Binance US Considering Listing XRP, ADA, BNB, EOS, LINK and 25 Other Assets
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💲Mukesh Ambani says that the Reliance Industries Limited is now investing in scaling-up advanced technologies in India, even ahead of the rest of the world.

"Over the next 12 months, Reliance Jio will install one of the largest blockchain networks in the world in India, with tens of thousands of nodes operational on day one,"
🌪 According to the Supreme Court display board the Crypto matter is now in progress!

Update 1: Banning of Cryptocurrencies Bill adjourned until January 2020 last week.

Update 2 : The court resumed and arguments started on RBI banking ban.

Update 3 : Case will resume on coming Wednesday 14th August 2019.