WazirXz CEO: RBI's move to ban cryptocurrencies is very arbitrary

According to Cointelegraph, Nischal Shetty, chief executive officer of Indian cryptocurrency trading platform WazirX, said in an interview that "the Reserve Bank of India has banned cryptocurrencies from entering the Indian economy." There was no evidence of due diligence before the announcement of the ban on cryptocurrencies. Their actions were arbitrary, leading to the closure or relocation of businesses from India. I am optimistic that the Supreme Court will see the issue of the Reserve Bank of India ’s move and make In our favor. "