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India’s High Court Recognizes Crypto as Property in XRP Case

Ergener2 months ago01 mins

India has advanced its legal treatment of digital assets after the Madras High Court ruled that cryptocurrencies are considered “property” under Indian law. The decision stems from a dispute between a WazirX user and Zanmai Labs over 3,532.30 XRP tokens frozen following a major cyberattack on ERC-20 assets in July 2024. Justice Venkatesh clarified: “Cryptocurrency…

SBI’s $200 Million XRP Bet Signals Institutional Shift in Digital Asset Strategy

Ergener2 months ago2 months ago02 mins

Growing institutional confidence in XRP marks a major bullish turning point for the broader digital asset market — and SBI Holdings Inc. sits at the center of this momentum. The Tokyo-based financial conglomerate announced a $200 million investment in Evernorth Holdings Inc., which is set to list on Nasdaq under the ticker symbol XRPN on…