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Indian Court Rules XRP as Property and Blocks WazirX from Redistributing Funds
In a landmark decision, India’s Madras High Court ruled that cryptocurrencies, including XRP, qualify as property under Indian law. The ruling, delivered on October 27, 2025, has significant implications for the country’s cryptocurrency landscape, especially concerning exchanges and customer protections. This decision has brought clarity to the legal status of digital assets, marking a pivotal moment in India’s growing crypto ecosystem. The Madras High Court’s ruling centered around a legal dispute involving WazirX, India’s largest cryptocurrency exchange. The case arose from a cyberattack in July 2024, ... (full story)
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