India’s Supreme Court Demands Clarity on Bitcoin Regulation Amid Economic Concerns
India's Supreme Court has issued a stern critique of the government's lack of a clear regulatory framework for cryptocurrencies, emphasizing the dangers of an unregulated parallel market. Justices Surya Kant and N Kotiswar Singh warned of significant economic risks if the issue remains unresolved. The court's push for definitive policies highlights the growing urgency for cryptocurrency regulation in India, with potential implications for Bitcoin and other digital assets.
India's Supreme Court Presses Government for Clear Cryptocurrency Policy
India's Supreme Court has sharply criticized the central government's failure to establish a definitive regulatory framework for cryptocurrencies. Justices Surya Kant and N Kotiswar Singh highlighted the risks of an unregulated "parallel under-market," warning of potential economic repercussions.
"Why does the center not come out with a clear-cut policy on regulating cryptocurrency?" the justices challenged during proceedings. Justice Kant went further, equating Bitcoin trading to illicit hawala transactions—a banned informal money transfer system in India.
The court's intervention underscores mounting institutional concerns about crypto's shadow economy. Regulation could bring transparency to a sector that currently operates beyond governmental oversight, the justices suggested.
India's Blockchain Potential Highlighted by 9Point Capital CEO
India is positioning itself as a leader in blockchain infrastructure as digital assets gain global momentum. Mumbai-based 9Point Capital, the country's first dedicated digital asset management firm, is spearheading this movement with offerings like bitcoin ETFs and tokenized securities for institutional investors.
CEO Srinivas L, a veteran with experience at Microsoft and Samsung, brings decades of technology leadership to the venture. The company's focus on regulated crypto investment products reflects growing institutional demand in emerging markets.
Metaplanet's Bitcoin Strategy Fuels Stunning 121% Stock Surge in 2025
Metaplanet's shares skyrocketed 121% year-to-date on the Tokyo Stock Exchange, with an additional 15% gain today following aggressive Bitcoin accumulation. The Japanese firm now holds 7,800 BTC—a 4.4x increase since January—funded partly by a $645 million warrant plan. Michael Saylor publicly applauded the outperformance, noting its stock rally eclipsed even his MicroStrategy's gains.
Strong Q1 results complemented the crypto pivot, with operating revenue reaching JPY 877 million. The company's rapid embrace of Bitcoin as a treasury asset mirrors the corporate adoption trend pioneered by Saylor, though Metaplanet's concentrated bet appears to be delivering outsized returns—for now.
Strategy's STRK Preferred Stock Hits Record Proceeds, Fueling Bitcoin Purchases
Strategy's perpetual preferred stock (STRK) has achieved its largest weekly issuance proceeds since the program's February inception, raising $59.7 million through an at-the-market offering. The funds were immediately deployed to acquire additional Bitcoin, according to an SEC filing.
The company now holds 576,230 BTC, continuing its aggressive accumulation strategy even as prices hover NEAR all-time highs. STRK has notably outperformed both Bitcoin and the S&P 500 since its debut, with $20.79 billion remaining in its ATM facility for future purchases.
Michael Saylor's firm maintains its bullish stance, executing its Bitcoin acquisition strategy with precision. The latest purchase comes as BTC consolidates above $100,000, within striking distance of its January peak at $109,000.
SWC Stock Surges 1000% Following Strategic Bitcoin Accumulation
The Smarter Web Company PLC (SWC) has ignited investor frenzy with a 1000% share price explosion since its April 25 listing on London's Aquis Exchange. The rally stems from aggressive Bitcoin acquisitions, transforming the obscure firm into a crypto-market bellwether overnight.
Shares catapulted from 20 pence to a stratospheric £54,000 peak before stabilizing at £37,220 - a 1200% gain that dwarfs traditional equity performance. The company's April 30 disclosure of purchasing 3.44 BTC at £71,012 per coin (£244,000 total) brings its holdings to 5.74 BTC with a £414,000 total investment.
This corporate Bitcoin strategy mirrors MicroStrategy's playbook, demonstrating how digital asset adoption continues permeating mainstream finance. The £72,144 average purchase price per BTC reflects conviction in cryptocurrency's long-term value proposition despite market volatility.
Bitcoin Surges Toward Unprecedented Highs
Trader Kevin Svenson suggests Bitcoin may soon reach record levels, citing a recent upward breakout and setting a technical target of $115,000. Bitcoin's price hovered around $106,000 at the time of analysis, showing stability over the past day.
Market volatility, influenced by movements in the S&P 500, adds complexity to Bitcoin's trajectory. While the bullish case remains compelling, Svenson cautions investors to remain mindful of inherent market risks.
