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Supreme Court Questions Crypto Regulation Plans

Supreme Court Questions Crypto Regulation Plans

In a recent court session, Justice Gavai raised concerns about the government's role in regulating cryptocurrencies. He stated that the judiciary cannot create laws and suggested that petitioners should approach the Government of India with their concerns. The Supreme Court was informed that the Centre has not yet decided on a framework to regulate digital currencies or investigate related crimes. This dialogue highlights the ongoing uncertainty surrounding cryptocurrency regulations in India, emphasizing the need for a structured approach to ensure safety and legality in the digital currency market.

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