US EditionIndia’s Supreme Court Favors Regulation Over Complete Cryptocurrency Ban
- India's Supreme Court held hearings on May 19 and 20, 2025, in New Delhi to demand immediate regulation of cryptocurrencies instead of a ban.
- The Court acted due to rising Bitcoin trading, lack of clear laws, and concerns that unregulated crypto resembles illicit hawala networks.
- During proceedings involving accused Shailesh Babulal Bhatt, who is linked to crypto scams, the Court highlighted regulatory gaps and urged expert consultation.
- Bitcoin traded near $105,336 with a $2.09 trillion market cap and a 30% tax on profits, showing partial government recognition of cryptocurrencies.
- The Court's push for regulation aligns with global trends in the US and EU and suggests India may soon adopt structured crypto oversight to protect investors.
11 Articles
11 Articles
India Supreme Court Asks Government Why Crypto Still Isn’t Regulated
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...
India’s Supreme Court Pressures Government to Regulate Crypto, Not Ban It
Supreme Court calls crypto ban unrealistic, urges regulatory action. Fraud case involving 2,091 BTC drives court scrutiny. Court compares Bitcoin trading to hawala, flags urgent oversight need. On May 19, 2025, India’s Supreme Court questioned why the central government has yet to create clear rules for cryptocurrencies. Justices Surya Kant and N. Kotiswar Singh said banning digital assets would be like “shutting your eyes to the ground reality.…
Regulate crypto, don’t ban it, Indian Supreme Court says
Regulate crypto, don’t ban it, Indian Supreme Court says May 20, 2025 https://cryptotvplus.com/2025/05/regulate-crypto-dont-ban-it-indian-supreme-court-says/The Supreme Court of India has recommended that instead of imposing a ban, cryptocurrencies should be regulated in the world’s most populous country. Given that the intricacies of the crypto world may be beyond a judge’s expertise, the court emphasized the need for specialist consultation to…
Supreme Court Questions Lack of Crypto Regulatory Measures, Oversight: Report
A Supreme Court bench of Justice Surya Kant and Justice NK Singh reportedly urged Additional Solicitor General (ASG) Aishwarya Bhati to seek clarification on crypto rules from the central government.A Supreme Court bench of Justice Surya Kant and Justice NK Singh reportedly urged Additional Solicitor General (ASG) Aishwarya Bhati to seek clarification on crypto rules from the central government.
India’s Top Court Seeks Urgent Rules on Crypto Trading
India’s court says Bitcoin rules must be made to stop risky and hidden trade in crypto. Bitcoin trading is rising, but courts fear it looks like hidden cash deals without rules. A clear law is missing, but crypto is taxed, showing it has some form of legal standing. India’s Supreme Court has called for immediate regulation of cryptocurrencies, stating banning Bitcoin is like “shutting your eyes to ground reality.” The call came during a May 19, …
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