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SC quashes RBI’s circular which debarred banks from dealing in transaction involving crypto currencies

March 4, 2020[2020] 115 53 (SC)

FEMA, BANKING & INSURANCE : RBI Circular dated 6-4-2018 which directed banks and entities regulated by RBI to not to deal in Virtual Currencies (VC) or to provide banking services facilitating any person or entity dealing with or settling VCs, was quashed

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