In a nerve-wracking and prolonged Supreme Court hearing held on Monday the Reserve Bank of India has finally offered some useful insight into cryptocurrency regulations in India, explaining why it had banned banks and financial institutions from dealing in cryptocurrencies and denying ban on cryptocurrencies altogether. For the Indian crypto community, 2019 was a year full of ambiguity and tense moments as the central bank failed to offer respite to enthusiastic entrepreneurs and traders in the country. From an open letter to PM Modi to a petition filed by the Internet and Mobile Association of India (IAMAI) requesting RBI to
