RE: CoinRecoil—Indian Cryptocurrency Exchange Challenges RBI Circular in Delhi High Court!
Bro as I said you before that Government want, our fiat money should not go outside the country Boundary.
Everyone knows crypto trading is risky. Only aware peoples are investing in crypto.
Their are lot of things are not good for us like wine, share market, smoking, which are also vigorous for human health and wealth but they don't take step against it. You know they know people will spend money on these products and they get back money by taxes so money circulate only in India.
Even lot of companies giving Cash Back, Which is also like Cryptocurrency. The difference is only we see it in coins or Rs form. Like cashback, loyalty points.
LIC scam.
Government is not interested in to to something against Aadhar card scam because this service run by them. They are looting peoples and sharing privacy.
I am happy that someone taking action against RBI.
If they want to change something then aware peoples about crypto not to ban.
Hope for the best.