The bench of 3 judges headed by chief justice, Deepak Mishra refused to put stay on RBI's circular that barred banks & other financial institutions from providing services to any individual or business dealing in Cryptocurrencies.However, the bench of three are agreed upon hearing on petition filed by IAMAI on July 20. It seems to be a big shock to crypto traders in India. It might also effect Indian crpto markets.Now moving forward all banks will wrap up their relationships with all crpto exchanges & individuals. After 5th July, individuals can't be able to trade in INR-crypto pairs & also will not be able to withraw their amount in INR.