
‘Trading more or less like a hawala business’: SC seeks clarity from Centre on Bitcoin regulation – Times of India
Image used for representative purposes The Supreme Court on Monday questioned the Centre’s delay in establishing a definitive policy for cryptocurrency regulation, expressing concerns over its economic implications. The bench, comprising Justices Surya Kant and N Kotiswar Singh, drew parallels between Bitcoin transactions and illegal “hawala” operations. Justice Kant observed, “Trading in Bitcoin is an…