India Supreme Court Asks Government Why Crypto Still Isn’t Regulated – Legal Bitcoin News

Crypto Chaos in India? Supreme Court Slams Government Over Lack of Regulation Amid Explosive Fraud Case

The post Crypto Chaos in India? Supreme Court Slams Government Over Lack of Regulation Amid Explosive Fraud Case appeared first on Coinworldstory. India’s Supreme Court has issued a sharp warning to the central government over its failure to regulate cryptocurrencies, calling the lack of oversight a threat to financial security. During a high-profile fraud hearing, justices urged immediate action, highlighting the contradiction of taxing digital…

India Supreme Court Asks Government Why Crypto Still Isn’t Regulated – Legal Bitcoin News

India’s Supreme Court has intensified pressure on the government to regulate crypto, slamming bitcoin trading as hawala-like and warning of its unchecked impact on the economy. Supreme Court Urges Central Policy With Crypto Labeled as Hawala-Like Activity The Supreme Court of India urged the central government to establish a clear policy on cryptocurrency regulation, citing […]

Indian Supreme Court Criticized the Government on Lack of Crypto Regulation

Indian Supreme Court nudged the central government to focus on crypto regulation.  Lack of regulatory policies is causing Indians to shift to other forms of investment from crypto. India is popular for its stringent stance on cryptocurrencies. Government officials have multiple times mentioned cryptocurrencies during Union budgets and imposed hefty taxes. However, the country has a huge number of crypto investors and developers, who contribute t…