🚨🚨🚨#India
Good News for #Crypto Holders
Madras High #Court recognises cryptocurrency as property under Indian law
Justice Anand Venkatesh held that while #cryptocurrency is intangible and not legal tender, it possesses the essential characteristics of #Property .
"There can be no doubt that “crypto currency” is a property. It is not a tangible property nor is it a currency. However, it is a property, which is capable of being enjoyed and possessed (in a beneficial form). It is capable of being held in trust,” the Court said.
