India’s highest court ruled that outright bans are not the solution for cryptocurrencies, emphasizing instead the need for a regulatory framework to address concerns around fraud and misuse. The Supreme Court affirmed its previous ruling on RBI’s ban, stating that regulation is more effective than prohibition. The court urged the Indian government to create legal guidelines for exchanges, investors, and developers to oversee cryptocurrency activities effectively. This decision puts pressure on the government to act quickly and develop a clear policy on digital assets. 2025 has seen India lacking consistent policy in the digital asset arena, often swinging between strict taxation, unclear legal status, and speculative crackdowns. The Supreme Court’s recent ruling signals a shift towards a more balanced approach that could encourage wider adoption of digital assets.