The Supreme Court of India expressed concerns about the unregulated status of cryptocurrencies like Bitcoin during a recent hearing. While the government taxes crypto transactions at 30%, it lacks a regulatory framework. Justice Suryakant emphasized the risks and potential illegal uses of cryptocurrencies, calling for a structured legal approach.
![[Haldwani Encroachment Case] 'Encroachers Are Also Humans': SC Directs Centre, Uttarakhand Govt. To Rehabilitate Families Living On Railway Land](https://i0.wp.com/lawchakra.in/wp-content/uploads/2024/07/image-3-5.png?resize=447%2C367&ssl=1)
The Supreme Court today directed the Central Government and Uttarakhand authorities to develop a rehabilitation policy for 4,365 families living near Haldwani Railway Station. The court emphasized the humane treatment of encroachers and criticized the Railways’ approach. It called for a balanced approach addressing long-term residents’ needs and specified measures for identifying land and relocating families.