India’s Supreme Court has urged national regulators to create a clear framework for managing crypto activities. The directive came through a May 20 report by Bar and Bench.
Rather than pushing for a ban, the court stressed the need for structured oversight. With crypto adoption rising across India, the judges called for smart regulation—not prohibition.
They pointed to India’s existing 30% tax on crypto gains as proof that digital assets already play a role in the economy.
The court directed regulators to collaborate with technical experts to design a governance model that balances innovation with investor protection.
Their goal: build rules that guide the crypto sector’s growth while ensuring safety and transparency for users.
This decision signals growing institutional support for crypto integration, as India looks to align regulation with its expanding digital economy.
Source: https://coindoo.com/indias-top-court-calls-for-clear-crypto-regulations/