Delhi HC Seeks Responses From Centre, RBI, SEBI On BitBNS Crypto Crisis

The Delhi High Court has sought responses from the Centre, the Reserve Bank of India (RBI), and the Securities and Exchange Board of India (SEBI) regarding the crypto crisis involving the Indian exchange Bitbns. The Court has raised concerns about the regulatory framework for cryptocurrency exchanges, following allegations that Bitbns has faced a financial crisis. The responses will address how such cases are being handled by the regulatory authorities and what steps are being taken to ensure the protection of investors.