Indian Supreme Court inspired crypto auditory, community call for positive regulations
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In India these crypto communities are promoting social media for their positive rules and for the rollback of the banking ban, the Supreme Court of India has fixed a new date for hearing petitions against the country's central bank against the cryptocurrency banking ban.
It has been decided in the Supreme Court on January 15, 2019, from which date it will review the crypto case. It indicates a court document broadcast on Twitter on Thursday.
These courts originally decided to hear the matter on 11th September but it postponed it continuously. It gives details of its crypto regulatory progression. On October 25, the government instructed the government to deposit counter affidavit within two weeks.
Its Ink 42 said that this Finance Ministry has defended the banking restrictions of the Reserve Bank of India on Saturday. Explaining that in December the regulatory framework is expected to be finalized. According to Quartz India, the government has filed a counter notification with the Supreme Court.
## Community campaign for 'positive regulations'
This is demanding positive rules for the Indian crypto industry. A current Twitter campaign was launched on 31 October by Nischal Shetty, the CEO of Indian Cryptocurrency Exchange Wazirx.
[images source](https://news.bitcoin.com/indian-court-crypto-hearing-positive-regulations/)
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