According to Cointelegraph, the Indian Supreme Court has postponed the public trial of the Reserve Bank of India (RBI) ban. According to previous news, in April 2018, the Reserve Bank of India issued a circular prohibiting financial institutions from providing banking services to cryptocurrency companies. Banks then stopped providing services to the crypto business and closed their accounts. In response, industry stakeholders filed a petition to challenge the ban. Kashif Raza, co-founder of Crypto Kanoon, a crypto regulatory news and analysis platform in India, said the country's cryptocurrency community does not need to be discouraged by news of a delay on January 14.