The cryptocurrency regulations in India are still in a state of deadlock but it appears that the ice is melting and Reserve Bank of India (RBI) has finally shown some leniency. RBI has recently stated that there is no need of cryptocurrency as the financial framework provides services to deal with cross border settlements. Cryptocurrency regulations in India: No benefits from crypto, RBI Cryptocurrency regulations in India entered a deadlock after the case in the court pending a hearing went into further delay right after India’s political movement in Kashmir. The country has since been in a political sway over
