Delhi High Court asked the Centre and WhatsApp to respond to a plea by an advocate whose account was suspended. The petitioner claimed the arbitrary suspension deprived him of access to crucial personal and professional data stored in the account.
India’s Supreme Court declared existing cryptocurrency laws as “obsolete” and urged the government to establish a regulatory framework. Highlighting a significant “grey area” in the current regulation of digital assets like Bitcoin, the court emphasized the need for clarity to prevent misuse akin to illegal hawala transactions. A discussion paper on crypto regulation is expected soon.
