Indian Court Recognizes XRP as Property in Landmark Ruling
In a pivotal decision, India’s Madras High Court declared that a holder’s XRP tokens are legally treated. As property under Indian law. Granting enforceable ownership and trust rights.
The ruling came during a legal dispute involving the exchange WazirX. Where the court temporarily barred the platform from reallocating over 3,500 XRP tokens belonging to an individual investor.
The judgment holds major significance for India’s crypto legal framework. Marking the first time a court affirmed that digital assets are capable of being held in trust and enjoyed as property. It greatly strengthens users’ rights over their crypto holdings and sets a precedent that could influence how exchanges, custodians, and regulators address asset protection and ownership disputes moving forward.
Clever Robot News Desk 28th October 2025
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