Kluwer: Madras High Court Recognises Cryptocurrency as ‘Property’ – Implications for Arbitration, Asset Protection, and Cross-Border Restructuring
Published on July 30, 2026
The Madras High Court in Rhutikumari vs. Zanmai Labs Pvt. Ltd. & Ors. marks a significant development in India’s treatment of cryptocurrency. The Madras High Court has held that tokens held on a crypto exchange constitute “property” that is capable of being the subject of trust obligations.