positive
Recently
Madras High Court classifies cryptocurrencies as property, strengthening investor rights
Madras High Court rules cryptocurrencies are property, giving holders legal backing and boosting institutional confidence in India’s crypto market.
The Madras High Court in India has ruled that cryptocurrencies should be treated as property under the courts’ purview, offering stronger legal recourse for holders in cases of theft, exchange insolvency or regulatory ambiguity. The decision is being hailed as a landmark legal precedent for digital-asset rights in India’s largely unregulated crypto market.
Legal analysts say the ruling could spur broader clarity and institutional participation in the region.