Indian court warns against ‘crypto’ amid rise in tax
An Indian High Court has expressed concerns about digital assets’ potential impact on India’s economy, stating that they convert legitimate currency into an obscure, untraceable form.
Justice Girish Kathpalia reportedly made the observation while rejecting a bail application filed by a businessman accused in a digital asset-related corruption case. The court also emphasized the gravity of the case, citing the defendant’s history of involvement in at least 13 other similar…
