The
Indian crypto industry sees a brief panic over the government’s plans to ban
“private cryptocurrencies” and explore the need for a CBDC. The Indian Crypto
community has been involved in discussions with the government about how it
should perceive cryptocurrencies and blockchain technology before finding ways
to regulate the industry ever since the government placed a now-defunct blanket
ban on banks servicing crypto firms in April 2018. https://youtu.be/8S0RhUApuTA
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