{"id":928533,"date":"2025-05-07T08:10:25","date_gmt":"2025-05-07T02:40:25","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=928533"},"modified":"2025-05-07T08:38:41","modified_gmt":"2025-05-07T03:08:41","slug":"sc-compares-bitcoin-trading-in-india-to-refined-hawala-slams-centre-for-delay-in-setting-crypto-rules","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/05\/07\/sc-compares-bitcoin-trading-in-india-to-refined-hawala-slams-centre-for-delay-in-setting-crypto-rules\/","title":{"rendered":"SC compares Bitcoin trading in India to \u2018refined Hawala\u2019, slams Centre for delay in setting crypto rules"},"content":{"rendered":"<p>The Supreme Court on Monday compared Bitcoin trading in India to a more polished form of Hawala, an illegal money transfer system. The court also criticised the Centre for not setting clear rules for virtual currencies so far. <\/p>\n<p>A bench of Justices Surya Kant and N Kotiswar Singh made these remarks while hearing a bail plea from Shailesh Babulal Bhatt, who was arrested by the police for allegedly being involved in illegal Bitcoin trading, reported PTI.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Supreme Court on Monday compared Bitcoin trading in India to a more polished form of Hawala, an illegal money transfer system. The court also criticised the Centre for not setting clear rules for virtual currencies so far. A bench of Justices Surya Kant and N Kotiswar Singh made these remarks while hearing a bail plea from Shailesh Babulal Bhatt, who was arrested by the police for allegedly being involved in illegal Bitcoin trading, reported PTI.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[63,4,12],"tags":[],"class_list":["post-928533","post","type-post","status-publish","format-standard","hentry","category-it-2-the-financial-express","category-newspapers","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/928533","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=928533"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/928533\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=928533"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=928533"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=928533"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}