Supreme Court of India calls out government for crypto regulation delays, tags Bitcoin trading as ‘refined hawala’

The Supreme Court of India has expressed frustration over the government’s continued delays in establishing clear crypto regulations. They described Bitcoin trading as a “complex” variety of hawala. “Hawala” refers to an informal mode of transferring money. A bench of Justices Surya Kant and N Kotiswar Singh made these remarks in a bail hearing for […] source: https://www.cryptopolitan.com/supreme-court-of-india-calls-out-government-for-crypto-regulation-delays-tags-bitcoin-trading-as-refined-hawala/