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The Supreme Court is set to hear the cryptocurrency case next week
The RBI says the circular, dated April 6, does not violate the rights of equality, trade, and business provided by the constitution
The RBI refers to the Balco Employee Union Case in which the Supreme Court said: "PIL is not meant to be a weapon to challenge the financial decisions as part of govt’s administrative power"
Initially scheduled for a September 11 hearing at the Supreme Court, the…