India's Shocking Statement! Supreme Court: Cryptocurrency is not banned, as long as it is taxed, it is legal!

On May 19, 2025, the Supreme Court of India stirred up a storm and officially stated: Cryptocurrency is not banned but should be included in the regulatory framework. The court pointed out that since a tax rate of up to 30% is imposed on Bitcoin, it means that the government acknowledges its legal status.

This statement breaks the long-standing fog over India's crypto market, suggesting that the authorities are gradually shifting from a 'ban' to 'management and regulation.' The industry welcomes a dawn, and both investors and businesses will benefit from clearer regulations.

This also means that the Indian crypto market will move towards a more mature stage, avoiding legal gray areas and embracing a new situation where compliance and development coexist. The era of regulation has arrived, and the future of the industry is full of expectations.