Significant Litigation

Dwaipayan Bhowmick Versus Union of India & Others, WP (C) 1076/2017

A Public Interest Litigation (PIL) filed in the Supreme Court of India has sought intervention to regulate the flow of bitcoin in India and ensure that it is accountable to the exchequer. The petition states: “The lack of any concrete mechanism pending the regulatory framework in said regard has left a lot of vacuum and which has resulted in total unaccountability and unregulated Bitcoin (crypto money) trading and transactions,”