In a landmark judgment, the Madras High Court has formally recognized cryptocurrency as a form of property capable of being held in trust, marking a pivotal moment in India’s evolving digital-asset landscape. The ruling establishes a crucial legal foundation for how courts may address ownership, fiduciary responsibility and disputes involving virtual assets. By affirming that… Continue reading Madras High Court Sets Precedent by Recognizing Cryptocurrency as Property Held in Trust
Tag: Madras
Madras High Court Intervenes to Protect Indian Cryptocurrency Investors
The Madras High Court has stepped in to safeguard the interests of Indian cryptocurrency investors, responding to petitions highlighting regulatory ambiguities, potential fraud, and financial losses in the rapidly expanding digital asset market. The court’s intervention underscores the judiciary’s active role in balancing investor protection with the growth of fintech innovation. While the Reserve Bank… Continue reading Madras High Court Intervenes to Protect Indian Cryptocurrency Investors
Madras High Court Sets Historic Precedent: Cryptocurrency Recognized as Legal Property in India
In a landmark ruling that could redefine India’s digital financial ecosystem, the Madras High Court has formally recognized cryptocurrency as a legitimate form of property under Indian law. The decision, delivered by Justice N. Anand Venkatesh, establishes that cryptocurrencies possess all attributes of property—capable of being owned, enjoyed, and held in trust. This judgment, which… Continue reading Madras High Court Sets Historic Precedent: Cryptocurrency Recognized as Legal Property in India