Court Says India’s Crypto Exchange Bank Account Ban Will Continue
India's central bank won a key victory in court this week.
Blockchain voting platform Voatz wrote that bug bounty programs are beneficial – provided researchers only operate under the supervision of the companies they’re looking into.
The case, which turns on how to interpret the 1986 Computer Fraud and Abuse Act, could set precedents for crypto in the years ahead.
The NYAG has said Tether and Bitfinex have been cooperating in its inquiry, which is expected to progress more quickly once the documents are provided.
India's commercial banks can indeed provide banking services to traders and firms dealing in cryptocurrencies, the RBI has clarified.
The Supreme Court of India has asked the government to give its view on cryptocurrencies, amid fallout from a ruling by the central bank in April.