Instead of a ban, India’s top court has called for a structured approach to cryptocurrency regulation. Recognizing rising adoption and recognizing crypto’s growing role in the economy, the judges emphasized the need for smart regulation, not prohibition. They cited India’s existing 30% tax on crypto gains as proof that digital assets are already integrated into the country’s financial system. The court directed regulators to work with technical experts to develop a governance model that balances innovation with investor protection. This means creating rules to guide the sector’s growth while ensuring user safety and transparency. This decision reflects growing institutional support for crypto integration within India, as it seeks to align regulation with its expanding digital economy.