Crypto Pills

An Indian court issues a landmark decision treating XRP as property rather than speculation, signaling that the token is to be recognized as an asset that can be owned and transferred rather than presumed a purely speculative instrument. The classification frames legal rights and obligations around custody, transfer, and recovery, and may influence questions such as taxation, collateral use, inheritance, and how disputes are adjudicated. The ruling adds clarity within India’s jurisdiction for holders and platforms dealing with XRP, even as broader debates continue over how different digital assets fit within securities, commodities, or payments frameworks in other markets. Attention will now focus on how regulators and financial institutions implement the decision in compliance processes and whether similar treatment extends to other tokens.