Media: India's Supreme Court or this week will rule on central bank ban on bank crypto operations

According to Cryptonews, India's Supreme Court will rule on the Reserve Bank of India (RBI) 's ban on bank crypto operations. The court may decide this week whether the RBI has exceeded its authority by restricting cryptocurrency trading. Court reporter Upmanyu Trivedi in New Delhi said that the Indian central bank defended its actions and insisted that digital currencies such as Bitcoin are not currencies. Therefore, the legitimacy of the RBI's decision will be tested by the courts.