Indian Street Protests for Cryptocurrency

Indian Street Protests for Cryptocurrency

  • 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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