The fourt formal hearing on the RBI banking ban continued in the Supreme Court today. The counsel representing RBI as well as the counsels representing IAMAI and the exchanges made their arguments again today. The Supreme Court has asked RBI to respond to the representation given by the exchanges within two weeks. The next hearing is scheduled for September 25, 2019.
References:
Crypto Kanoon tweet thread:
Supreme Court Gives RBI Two Weeks to Respond to Representation Given by Exchanges:
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