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Madras High Court Recognises Cryptocurrency as Property, Says It Can Be “Held in Trust”

26 Oct 2025, 06:25 AM

The Madras High Court on Saturday recognized cryptocurrency as a form of property that can be owned, enjoyed and held in trust, while granting protection to an investor whose digital assets were frozen on the WazirX exchange after a massive cyberattack.In an order passed by Justice N Anand Venkatesh in an arbitration plea seeking interim relief, the court relied on two Supreme Court...