Madras High Court Recognizes Cryptocurrency as Property
Madras High Court Recognizes Cryptocurrency as Property: Chennai, October 24, 2025: The Madras High Court ruled on the legal status of cryptocurrency, affirming that it qualifies as property under Indian law. The Court’s decision stems from a petition filed by an investor whose cryptocurrency holdings were frozen after a cyberattack on the WazirX platform in 2024. Justice Anand Venkatesh, who heard the case, confirmed that while cryptocurrencies are intangible and not traditional legal tender, they possess characteristics akin to property.


















































































