In a landmark decision, the Madras High Court in India has officially recognized cryptocurrencies as “property.”
The ruling marks a major step toward providing legal recognition for digital assets in the country. According to the court, cryptocurrencies possess economic value and transferable ownership rights, similar to other forms of property.
Experts say the decision could strengthen investor protection while placing greater responsibility on crypto exchanges operating in India.
The ruling also highlights the judiciary’s perspective ahead of India’s forthcoming national crypto regulation framework, signaling a more structured approach to digital asset governance.
