Cryptocurrency in India is becoming a hot topic thanks to the upcoming crypto hearings in the country. India’s Supreme Court is set to listen to the final round of petitions against the country’s Bitcoin (available on Coinbase) ban. The ban was put in place by the country’s central bank, the Reserve Bank of India (RBI). The hearing is set to happen today, September 25th, local news outlet The Financial Express reports.

Reserve Bank of India (RBI) Bitcoin (available on Coinbase) Ban

In April, the RBI asked regulated entities to not get involved with businesses, firms, or individuals that traded cryptocurrency, imposing a virtual ban. At the time, interest in cryptocurrency in India had dropped compared to the previous year, but that seemed more due to a global drop in interest in digital currencies.

The RBI imposed its ban on cryptocurrencies in early July. The RBI ban was then challenged by the domestic cryptocurrency exchanges in the Supreme Court.

The original hearing on this matter was scheduled on September 11th, but due to the court’s backlog, the hearings were rescheduled—twice. On September 12th, the RBI maintained its views on the Bitcoin (available on Coinbase) ban by telling the court that no legal system defines cryptocurrencies in their current format.

“The petitioner cannot seek to exercise the extraordinary jurisdiction of this Honorable Court to avail a right which they do not have,” the Indian central bank wrote in its affidavit. “The impugned circular and the impugned statement have been issued in a manner that is consistent with the powers conferred on the RBI by the law and the same are legal and valid.”