Indian Supreme Court Rebukes Government for Lack of 'Clear Cut' Crypto Regulation Policy: Report

Indian Supreme Court Rebukes Government for Lack of 'Clear Cut' Crypto Regulation Policy: Report

Supreme court justice Surya Kant and N Kotiswar Singh said that there is "parallel under-market" for crypto that can affect the economy.

‘Cryptocurrency can affect economy, why can’t Centre have clear cut policy on Bitcoin trade?': Supreme Court

A bench of Justices Surya Kant and N Kotiswar Singh termed the Bitcoin trade as an illicit trade more or less like ‘hawala’ business.

Supreme Court asks central government why crypto trading can’t be regulated

The bench made the remarks while hearing a bail petition filed by Gujarat resident Shailesh Babulal Bhatt, who has been accused of cryptocurrency related fraud across multiple states

Supreme Court urges crypto oversight amid rising fraud cases, government to submit stand by July

The RBI Financial Stability Report acknowledged the growing global adoption of blockchain technology and its potential impact on the broader financial ecosystem.

Supreme Court Questions Lack of Crypto Regulatory Measures, Oversight

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 Supreme Court Slams Government Inaction on Crypto Regulation

Latest News and Updates on blockchain industry by AlexaBlockchain ("Alexa Blockchain"). The Supreme Court of India has criticized the government’s delay in regulating cryptocurrencies, calling unregulated Bitcoin trading a “polished form of Hawala.” The Court warned that legal ambiguity risks misuse and called for urgent policy action. The post India’s Supreme Court Slams Government Inaction on Crypto Regulation appeared first on AlexaBlockchain.