Cryptocurrency ban: Delhi HC seeks govt, RBI, GST Council's reply on plea

The Delhi High Court has sought the response of the Centre, the RBI and the GST Council on a plea challenging a circular which prohibits banks and financial institutions from providing any service in relation to virtual currencies such as 'crypto-currencies'. A bench of justices S Ravindra Bhat and A K Chawla issued notice to the Ministry of Finance, the  Reserve Bank of I…