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India’s Top Court Slams Bitcoin Trading as ‘Next-Gen Hawala’

India’s Top Court Slams Bitcoin Trading as ‘Next-Gen Hawala’

CryptotimesIO
Author:
CryptotimesIO
Release Time:
2025-05-05 15:38:45
0

India’s Supreme Court Calls Bitcoin Trading a ‘Refined Hawala’

India’s Supreme Court just dropped a bombshell—comparing crypto trading to the shadowy world of hawala networks. No regulatory sugarcoating here.


Crypto or clandestine?
The ruling exposes the tension between innovation and oversight, with judges calling out Bitcoin’s potential for opacity. Traders shrug; regulators sharpen their knives.


Bonus jab:
Meanwhile, Wall Street still can’t decide if crypto’s a threat or the next fee-generating toy. Place your bets.

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