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Tag Archives: Court

Zimbabwe Court Lifts Central Bank’s Banking Ban on Bitcoin Exchanges

Get exclusive analysis and cryptocurrency insights on Hacked.com for just $39 per month. The Harare High Court has lifted a ban by the central bank which barred all banks and financial institutions from offering services to cryptocurrency exchanges. The Reserve Bank of Zimbabwe (RBZ) failed to appear for court proceedings in a case in which Zimbabwe crypto exchange, Golix is ...

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Italian Court Rules Bankrupt Crypto Exchange BitGrail Must Stay Closed

Join our community of 10 000 traders on Hacked.com for just $39 per month. Italian cryptocurrency exchange BitGrail won’t be reopening anytime soon, despite its wishes to the contrary. Last Thursday, on May 17, the Court of Florence fully upheld a preliminary order barring the exchange — which is currently undergoing bankruptcy proceedings — from resuming operations and once again ...

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Zimbabwe Crypto Exchange Golix Drags Central Bank to Court over Ban

Join our community of 10 000 traders on Hacked.com for just $39 per month. Zimbabwe cryptocurrency exchange platform Golix has taken the country’s central bank, the Reserve Bank of Zimbabwe, to court, saying the bank’s ban of cryptocurrency trading was unconstitutional as there are no laws that empower it to make such legislative moves. After banning banks from processing cryptocurrency transactions ...

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India’s Supreme Court Claims All Petitions Against Central Bank Crypto Blockade

Join our community of 10 000 traders on Hacked.com for just $39 per month. The Supreme Court (SC) of India has barred all high courts from filing petitions against the central bank’s (RBI) crypto-curbing circular from April. The court also is clubbing all pending petitions, to be transferred to the SC. As cryptocurrency adopters, exchanges and advocacy groups move various ...

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Can’t Unilaterally Rule on Bitcoin Legality, India’s RBI Tells Supreme Court

Join our community of 10 000 traders on Hacked.com for just $39 per month. India’s central bank is pushing back against a court-approved petition seeking regulation – effectively legalization – of cryptocurrencies like bitcoin in the country. The Reserve Bank of India (RBI), the country’s central bank and financial regulator, has responded to a public interest litigation (PIL) filed in ...

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Bitcoin Traders Join Supreme Court Challenge to India’s Banking Blockade

Join our community of 10 000 traders on Hacked.com for just $39 per month. More bitcoin traders are challenging India’s directive for banks to stop financial services to cryptocurrency exchanges in the populous Asian country, with a court hearing of the challenge set for Thursday this week amid complaints that the Reserve Bank of India (RBI) is curtailing “essential” trade ...

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Supreme Court Denies Interim Injunction Against Reserve Bank Of India Restrictions

The Supreme Court of India declined to grant an interim injunction against the Reserve Bank of India (RBI) circular banning banking services for companies dealing in cryptocurrency, according to a Twitter post by Crypto Kanoon May 11. Crypto Kanoon is a team of Indian lawyers engaged in crypto regulatory analysis and legal awareness. Supreme Court declined to grant interim injunction ...

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Four Crypto Exchanges Challenge India’s Bitcoin Banking Blockade in Supreme Court

Join our community of 10 000 traders on Hacked.com for just $39 per month. In the third in sequence yet the fiercest attempt of downing the Reserve Bank of India’s circular blocking off banking services to cryptocurrency exchanges, four more Indian cryptocurrency exchanges have jointly filed a Writ Petition (Civil) no. 373 of 2018 under Article 32 of the Constitution ...

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