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The Petition seeks to transfer to the Supreme Court petitions pending before various High Courts in relation to the regulation of social media intermediaries. The tussle between Apple and FBI over decrypting iPhones used by terror suspects, and the thinly-veiled conflict between the Government of India and WhatsApp on identifying the originators of fake news, are past instances of deadlock between intermediaries and governments over encryption. A few months ago, RBI governor Shaktikanta Das said that the central bank was strongly opposed to private digital currencies. Coming back to the circular, the RBI did not explicitly ban cryptocurrencies, but barred entities regulated by it to provide services to firms dealing in digital currencies.