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Landmark Ruling: Crypto Dealings Not Illegal in India, Says High Court

Started by Bitcoin, Jun 14, 2024, 08:10 am

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Jun 14, 2024, 08:10 am
Landmark Ruling: Crypto Dealings Not Illegal in India, Says High Court

Landmark Ruling: Crypto Dealings Not Illegal in India, Says High CourtThe Orissa High Court in India ruled that cryptocurrency dealings are not illegal under Indian law. This decision arose from a case involving individuals accused of fraud through a Ponzi scheme. Justice Sasikanta Mishra clarified that cryptocurrency is not considered money under the Prize Chits and Money Circulation Schemes (Banning) Act or a deposit under […]

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