India’s Supreme Court Chooses Crypto Regulation Over Outright Ban—Here’s Why It Matters

In a landmark decision that sent shockwaves through both crypto and traditional finance circles, India’s Supreme Court rejected calls for a blanket ban on digital assets—opting instead for regulatory oversight. The ruling cuts through years of bureaucratic waffling and sets a precedent for emerging markets grappling with decentralized finance.

Behind the gavel: Why regulation trumps prohibition

Court documents reveal three hard truths that forced the judiciary’s hand: 1) Enforcement nightmares (because good luck shutting down Bitcoin), 2) Missed tax revenue opportunities (even bureaucrats like money), and 3) The inconvenient reality that India’s tech-savvy youth were bypassing bans via VPNs anyway. The decision effectively forces RBI to stop dragging its feet on clear crypto frameworks.

Bonus jab: Meanwhile, Wall Street banks are still charging 2% management fees for index funds that underperform Bitcoin’s worst corrections. Some things never change.