🇮🇳 Supreme Court to Centre: Why no crypto regulations yet?
During a bail hearing in a multi-state cryptocurrency fraud case,
the Supreme Court pulled up the central government for not taking action on regulating crypto.
It remarked that unchecked Bitcoin trading is merely a “refined version of Hawala.”
The court also reminded the government that it had sought clarity on crypto policy over two years ago.
A blanket ban isn’t the answer — but clear regulations are now essential.
