India: Delhi High Court demanded response from Central Bank on recent crypto ban - the report says

image pixabay

It is a notice of the High Court in response to a claim filed by the crypto company Black Digital last week. Its finance and goods ministry and its service tax council have alleged.

The Delhi High Court has issued notice to the Reserve Bank of India. This is a local newspaper, Times of India reported on April 22. The decision of these RBI is to eliminate the transaction and with it the crypto business violates the Constitution.

image source: https://cointelegraph.com/news/india-delhi-high-court-seeks-response-from-central-bank-on-recent-crypto-ban-report-says

They will no longer provide services to a person or business after this, the RBI has issued a circular on April 5. It has more than 43,000 signatures at press time. In this, an online petition was launched to ban the deals in cryptocurrency.