India Authorities Block Crypto Exchange Bitbns’ Bank Account

Indian crypto exchange Bitbns said on Thursday that withdrawals in Indian rupees (INR) have been delayed as law enforcement officers have blocked its bank account. "If a cybercrime case is raised for say even an amount of 10,000 Indian rupees ($125), the law enforcement officer can block the entire account," Gaurav Dahake, CEO of the exchange, said in a statement.