The Indian Exchange submits a petition saying that the ban on cryptocurrencies is unconstitutional

CoinRecoil, a cryptocurrency exchange in India, has submitted a petition to the Reserve Bank of India (RBI), the Ministry of Finance and the Council of Goods and Services Tax (GST), stating that its ban on banks not serving digital currency trading platforms violates the 19th Constitution. (1) Articles (g), 14 and 301. Article 19 (1) (g) of the Constitution stipulates that citizens have the right to engage in any profession, transaction or business; Article 14 requires the prohibition of discrimination; Article 301 requires the guarantee of India’s freedom of trade and commerce.

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