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Crypto Currencies Encourage Illegal Dealings: RBI Tells SC
LIVELAW NEWS NETWORK
21 July 2018 9:06 PM IST
Pointing out that transaction with crypto currency could “encourage illegal transactions” in the country, the RBI has told the Supreme Court that a committee has been set up by the Centre to go into its eventual validity.“We have already issued a circular prohibiting use of these virtual currencies”, senior advocate Shyam Divan who appeared for the RBI told a bench of chief justice...
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