India's Supreme Court has lifted a ban that barred banks from being involved in cryptocurrency trading.
Financial services firms were banned from trading in virtual currency and cryptocurrency in April 2018 by the Reserve Bank of India (RBI). It gave entities it regulated three months to snap all banking relationships with individuals or businesses dealing in virtual currency.
The ruling is seen as a boost for virtual currency investors and businesses in India.
The Indian central bank has been looking to create its own sovereign-backed digital currency.