Industry welcomes SC ruling that lifts ban on crypto currency

Surabhi Mumbai | Updated on March 04, 2020 Published on March 04, 2020
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Say will help tech, innovations
The industry has welcomed the Supreme Court judgement on Wednesday that has lifted the ban by Reserve Bank of India (RBI) on trading in cryptocurrency.
“We welcome the Supreme Court’s decision to lift RBI’s ban on trading in cryptocurrency. We believe that banning technology is not the solution, a risk based framework must be developed to regulate and monitor cryptocurrencies and tokens,” NASSCOM said in a tweet.
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