India’s Supreme Court Favors Regulation Over Complete Cryptocurrency Ban

India’s Supreme Court has reignited the debate over cryptocurrency regulation, challenging the government’s inertia on the issue. Justices Surya Kant and NK Singh emphasized the need for a structured regulatory framework rather than an outright ban, signaling a potential shift in India’s stance toward digital assets.

The court’s intervention comes as global markets increasingly embrace cryptocurrency. A regulatory approach could position India alongside jurisdictions that recognize the transformative potential of blockchain technology while mitigating risks. The absence of clear guidelines has left investors and businesses in limbo, stifling innovation in one of the world’s fastest-growing economies.

Cryptocurrency markets have long awaited clarity from Indian authorities. The Supreme Court’s remarks may accelerate policymaking, offering hope for institutional adoption and mainstream integration. Regulatory certainty could unlock significant capital inflows, benefiting both local and global exchanges.