ETHERLive delivers real-time price and volume data across 16+ exchanges to users in a clear and easy-to-understand package. Users can get up-to-the-second updates for each exchange/currency pair, as well as aggregated market averages for each exchange, currency, and the market as a whole. It also provides a global converted average of all the currency pairs monitored by ETHNews, converted to USD.


24hr ---

The Basics

Learn the basics of Ethereum and various cryptocurrency technologies

Learn More

What is Ethereum?

Understand the underlying principles of the Ethereum Platform

Learn More

The Blockchain

Discover the revolutionizing technology known as the blockchain

Learn More

Press Release

Submit a press release for consideration on ETHNews

Submit Press

Story / Dapp

Submit a story or DAPP to be considered for publication on ETHNews.

Submit Story


Submit "Ethereum Explainer" content for consideration to be featured on ETHNews

Submit Topic
ETHNews Logo
Ether Price Analysis
Contact Us

India’s Supreme Court Asks Government To Give Opinion On Cryptocurrency




The Reserve Bank of India agrees that cryptocurrency regulations should be left to government policymakers.

The Supreme Court of India has asked the country's government to provide an official opinion regarding cryptocurrency within two weeks, according to an October 26 article published in the Indian newspaper The Economic Times.

According to the article, the court has received multiple petitions from cryptocurrency exchanges challenging an April decision by the Reserve Bank of India (RBI). That order banned RBI-regulated entities from providing financial services to exchanges and other cryptocurrency businesses.

Although there is no prohibition on the personal use or trading of digital currency in India, discouragement by the RBI has had a wide-reaching effect on the Indian cryptocurrency market, causing exchanges to move away from fiat-crypto trade pairs and even completely shut down.

As per the article, RBI lawyer Shyam Divan told the court that the government must ultimately decide on cryptocurrency policy.

India doesn't have a monolithic stance toward cryptocurrency, but the RBI has been cautioning the public about its use since 2013.

Nathan Graham

Nathan Graham lives in Sparks, Nevada, with his wife, Beth, and dog, Kyia. Nathan has a passion for new technology, grant writing, and short stories. He spends his time rafting the American River, playing video games, and writing.

ETHNews is committed to its Editorial Policy

Like what you read? Follow us on Twitter @ETHNews_ to receive the latest Reserve Bank of India, Supreme Court of India or other Ethereum law and legislation news.