Madras High Court Landmark Ruling: Cryptocurrency Recognized as Legal Property Under Indian Law

Oct 26, 2025 08:28 pm CST

In a groundbreaking decision, the Madras High Court has officially recognized cryptocurrency as property under Indian law. Justice N Anand Venkatesh ruled that digital currencies, while not tangible assets or conventional currency, qualify as property capable of being owned, transferred, and held in trust. This landmark judgment provides crucial legal clarity for digital asset holders in India and aligns with similar rulings in global jurisdictions.