Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
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Informative
Madras High Court Recognises Cryptocurrency as Property Under Indian Law
Update / Judgement Date
26 Oct 2025
Source
Author
Team — WCP Legal Desk
Reading Time
1 min read
Corporate Law & Governance
The Madras High Court held that cryptocurrency qualifies as “property” under Indian law and can be held in trust, observing that virtual digital assets (VDAs) fall within the ambit of property under Section 2(47A) of the Income Tax Act, 1961. This landmark recognition gives digital assets a firmer legal footing regarding ownership, trust rights and transferability, and may have implications for regulation, taxation and dispute resolution in the digital assets sphere. (The Times of India)
