Madras High Court confirms crypto can be owned and held in trust. WazirX has been barred from redistributing investors’ unaffected XRP holdings. Ruling strengthens investor rights and Web3 governance in India. In a landmark ruling that could reshape cryptocurrency in India, the Madras High Court has declared that cryptocurrencies qualify as property under Indian law. [.] The post Cryptocurrency is as ‘property’ under Indian law, rules Madras High Court appeared first.