Trading in Bitcoin in India is refined way of doing Hawala business: Supreme Court
Representative image | Photo Credit: Reuters The Supreme Court on Monday (March 5, 2025) said trading in Bitcoin in India is like "dealing with a refined way of Hawala business" as it lamented that the Centre has till now not come out with a clear regime on regulating virtual currency. A bench of Justices Surya Kant and N. Kotiswar Singh made the remarks while dealing with a bail application of Shailesh Babulal Bhatt who was arrested by the police for alleged illegal Bitcoin trade. The bench said that two years...