Delhi HC seeks response from Govt. on crypto regulations amidst Bitbns investor complaints

Delhi High Court has issued a notice to the Ministry of Finance, RBI, and SEBI on a petition by BitBNS exchange victims. Investors, unable to withdraw funds, allege losses ranging from ₹20,000 to ₹1.5 crore. The court has given respondents four weeks to reply, signifying a major step towards formulating cryptocurrency regulations in India.

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