On 5 April The Reserve bank of India - issued a circular to all regulated financial institutions including banks to prohibit them from providing services related to cryptcurrency .the crippling policy also stopped there retail clients for purchusing crypto currency from there bank accounts to oppose these case many exchanges in india file case against central bank .Due to the pressure of many exchanges these case was in the fast track supreme court.
According to one law firm representing for exchanges the date of 5th july is shifted to 20 july.that good news for crypto market in india .