Hindistan Anayasa Mahkemesi Bu Yasaklara Karışamaz! | Kripto Kılavuz
Connect with us

News

The Reserve Bank of India: The Constitutional Court Can't Get involved in These Prohibitions!

Hindistan Rezerv Bankası kararı

The Indian Reserve Bank (RBI), along with its latest document, claimed that the Constitutional Court in the country did not have the power to interfere with the crypto money bans that they received. Crypto coins The Indian Reserve Bank (RBI), which imposes prohibitions on the government and supports it from the government, does not take a backward step in this issue despite the frequent reaction within the country.

The Constitutional Court notes that the abolition of these prohibitions should be abolished immediately and that taking steps in accordance with the government's demands, which does not have a legal basis, is against human rights and the laws of the country.

Elite layer very little, 80% bad condition

The fact that the elite stratum is extremely low in India, and that the people, who are close to 80%, are ignorant, uneducated, and ignorant, and the existing government rules and laws do not have the desire to develop themselves. The remaining 20% in the country will continue to fight against all problems and crypto coins He says that they will never obey the prohibitions on their prohibition and prohibition and they will not allow this situation which is contrary to human rights and which they see as economic individual coup.

Reserve Bank of India Almost two months have passed since the ban on crypto currencies and the ban on banking institutions to receive banking services. One of India's leading Bitcoin exchanges the UnocoinCEO and co-founder Sathvik Vishwanathtalked about the process after the ban on the central bank.

All Eyes In The High Court

On April 6, the RBI issued a circular preventing all financial institutions from doing business with crypto enterprises. The RBI then gave a 3-month deadline for the imposition of the ban and said he wanted no one to be a victim. Then a few crypto money-related institutions went against the court against the RBI ruling. Next hearing September 11postponed.

Sathvik Vishwanath says:

M This decision not only prevented new users from joining the platform. Volumes have been severely reduced as they have also damaged existing users. Everyone on the market is waiting for the hearing on 11 September. Şu

The Unocoin stock market owned by Sathvik continues to grow, albeit slowly. According to the CEO, the stock market now has göre 20,000 monthly users CEO. CEO, who expressed this figure günde every 3 days hiç in the good months of the market, is not satisfied with the situation.

However, after the ban, some local crypto money exchanges began to find alternative ways for Indian Rupee shooting. The most popular way is to pierce the central bank's ban through peer-to-peer (P2P) services. Users do this with offshore accounts, and there's nothing they can do about it.

Although Sathvik says such methods work temporarily, he stresses that the market will die in the long run. According to the CEO, the prohibition will be lifted highly on September 11th.

Advertisement
Click to comment

Leave a Reply

Your email address will be published. Required fields are marked *

Industry News

SEC Accuses 5 Insiders of BitConnect for Illegal Promotion

SEC, Yasadışı Tanıtım’dan BitConnect İçerisinden 5 Kişiyi Suçladı

About the five people at BitConnect SECIt said it “violated Federal Securities laws.”

The SEC's complaint is that “persons who support the BitConnect Program are sold without registering the Securities with the Commission and registering as a broker-dealer with the Commission as required by law.” BitConnect's lending program is said to encourage people to invest in potential investors, including Trevon Brown, Craig Grant, Ryan Maasen, and Michael Noble, by creating promotional-style videos and posting them on YouTube. It is also claimed that some YouTube channels that make promotions are paid on a commission basis in return for their promotional efforts.

Shortly after his release, Trevon Brown (better known as Trevon James) posted a tweet saying he didn't deny the charges and said the community would "rally" around him.

Lara Shalov Mehraban, Deputy Regional Director of the SEC's New York Regional Office,

“We will try to hold accountable those who make illegal profits by taking advantage of the public's interest in digital assets”

said.

 

To be the first to be informed of the most important crypto money news and price analysis: You can follow us at Telegram!

Continue Reading

Bitcoin News

Who Has The Most Bitcoin (BTC) Savings?

Bitcoin Analizi, Bitcoin 5.700 Doları Geçti!

According to the research result, the Winklevoss twins own 150,000 BTC, but there are names that own more Bitcoin than them…

Blockchain Center, which investigates who owns the largest amount of Bitcoin (BTC); From Winklevoss twins to scammers, from hackers to "zombie coins", he laid out all the data.

 

On the other hand, the most famous hacking case of the cryptocurrency world, Mt. Gox incident allegedly owned 166,000 BTC.

It is claimed that 30,000 BTC seized from the Silk Road scandal is in the hands of Tim Draper.

Plus Token scammers were said to have 200,000 BTC.

On the other hand, “Zombie coins” are surprisingly plentiful. These tokens we are talking about consist of 1.5 million BTC, which will never be used and will not be spent by anyone forever.

Grayscale's Bitcoin Trust is known as the largest institutional Bitcoin investment vehicle and currently holds over 400,000 BTC of liquidity. Lightning Network only holds 1,000 BTC, while Ethereum (ETH) has another 80,000 BTC locked.

Another 2.5 million Bitcoins are expected to enter circulation over time. Time will tell which other names will be included in this list.

 

To be the first to be informed of the most important crypto money news and price analysis: You can follow us at Telegram!

Continue Reading

Blockchain News

National Fisheries Institute and IBM's Blockchain Tracking System Food Trust

Ulusal Balıkçılık Enstitüsü ve IBM’in Blockchain Takibi Sistemi Food Trust

The United States seafood trade association, the National Fisheries Institute (NFI), is working with Food Trust, IBM's blockchain supply chain solution, to monitor FoodOnline's reports on June 11 seafood and food-related news.

In the report, they mentioned the new system for monitoring the type of seafood jointly carried out by multiple companies. In addition, NFI members representing harvesters, importers, cold storage, food service restaurants and retail sales were also included in the program.

IBM's Blockchain Tracking System Food TrustSIRF President's Statement

The project is funded by the Seafood Industry Research Fund (SIRF), whose chairman Sean O'Scannlain said in a statement on developments:

“The tracking system is nothing new to the seafood industry, but we'll test how blockchain is a new concept, with IBM's Food Tracking system, helping seafood businesses earn revenue and reduce costs to customers from harvest to distribution.”

The system also states who can access and how long companies can control data, and who will retain control after the chain is loaded. Raj Rao, IBM Food Trust general manager Food Food Trust can change any sector, especially when we have large ecosystems, businesses and organizations ” He said.

To be the first to be informed of the most important crypto money news and price analysis: You can follow us at Telegram!

Source: Cointelegraph

Continue Reading
Advertisement

Current Chart

Click for More

Don't forget to follow us on Twitter

Popular Topics

Don`t copy text!
en_USEnglish