The Indian Supreme Court supports the crypto regulation due to the prohibition

The Supreme Court of India made it clear that the Crypto currency should be regulated, not forbidden. The court emphasized that the profit of bitcoin is already taxed of 30%, which shows that the crypto is to some extent legally recognized. If it is taxed, it makes sense to regulate it properly. This statement indicates a big step towards clearer crypto laws in India, signaling a shift towards accepting and the proper supervision of digital assets.