RBI highlights concern over SC order that stopped crypto ban: Report

India’s Reserve Bank of India (RBI) is reportedly highlighting its concerns over the 2018 Supreme Court order that revoked the central bank’s cryptocurrency ban. A report suggests the central bank has been active in issuing warnings to regulated entities including banks to tread carefully when it comes to crypto-related transactions. Much recently, US-based crypto exchange Coinbase pulled UPI deposits within days of the India launch. The management is said to have blamed the RBI for the move.