Indian Supreme Court Backs Crypto Regulation Over Ban

The Supreme Court of India has made it clear that cryptocurrency should be regulated, not banned. The Court pointed out that profits from Bitcoin are already taxed at 30%, which shows that crypto is legally recognized to some extent. If it’s being taxed, it makes sense to regulate it properly. This statement marks a major step toward clearer crypto laws in India, signaling a shift toward acceptance and proper oversight of digital assets.