According to Sumit Gupta (CoinDCX), Supreme Court Justice Surya Kant has stated that due to the absence of clear regulations for cryptocurrencies in India, trading digital assets could currently feel uncertain for market participants. This environment increases risk for traders, as the lack of regulatory clarity may impact liquidity, exchange operations, and investor protections. Gupta emphasizes that understanding these legal ambiguities is critical for Indian crypto traders and investors, as regulatory developments could significantly influence market sentiment and trading strategies in both local and global crypto markets (source: Sumit Gupta via Twitter, May 6, 2025).