Indian Street Protests for Cryptocurrency ⋆ Crypto New Media
30 March 2019 5:51 AM GMT
The fourth and largest of a series of blockchain supporter rallies is set for Bangalore on March 30, and is anticipated to have a huge public impact because of the planned participation of numerous developers ? the key to India?s blockchain growth. Previous rallies this month in Delhi, Mumbai and Hyderabad saw thousands of crypto [?]
- Previous rallies this month in Delhi, Mumbai and Hyderabad saw thousands of crypto and blockchain enthusiasts and professional stakeholders take to the streets.
- The Reserve Bank of India (RBI) ordered financial institutions to stop dealing with cryptocurrency businesses last year, with a ban coming into effect on July 5 .
- The government and India's Supreme Court have since wrestled with whether that ban is proper, holding hearings and postponing crucial decisions as debate ensued.
- Now the Supreme Court is set for a final hearing on the matter.
- Arunn Gupta is the co-founder of Startup Cafe in Gorakhpur, Uttar Pradesh - the first co-working space in India to accept cryptocurrency payments.
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