🚨 BREAKING: Supreme Court Slams Unregulated #Bitcoin Trading in India 🇮🇳
India's Supreme Court has compared unregulated Bitcoin trading to a "refined Hawala business", raising serious concerns about the lack of oversight in the crypto space.
This came up during a bail hearing for Shailesh Babulal Bhatt, linked to illegal $BTC transactions.
The bench strongly criticized the Centre for delaying crypto regulations and highlighted the potential for misuse in the absence of a proper legal framework.
📅 Next hearing: May 19, 2025
📢 This could mark a turning point for crypto policy in India. Stay tuned for updates!
