According to the source, an Indian court has barred WazirX from redistributing XRP and affirmed that cryptocurrency constitutes property, signaling enforceable ownership rights over digital assets. Source: the source provided by the user; pending official court docket publication. For trading, monitor XRP-INR order-book depth, bid-ask spreads, and 24h volumes on Indian exchanges to assess localized liquidity conditions if platform-level restrictions are active. Source: live exchange order books on Indian platforms such as WazirX and peers. Confirm scope and duration of any injunction via official filings to understand potential settlement and withdrawal impacts. Source: Indian eCourts Services and relevant High Court portals. Contextually, India already treats Virtual Digital Assets as taxable assets with a 30 percent tax on gains and 1 percent TDS on transfers, consistent with property-like treatment. Source: Government of India Finance Act, 2022.