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India Holds Back From Full Crypto Law, Cites Systemic Risks

 India Holds Back From Full Crypto Law, Cites Systemic Risks

 

India Holds Back From Full Crypto Law, Cites Systemic RisksIndia is holding back from enacting a comprehensive cryptocurrency law, choosing instead to maintain partial oversight due to concerns about systemic risks, according to an internal government document reviewed by Reuters. Authorities caution that formal regulation would legitimize digital assets and risk embedding them into the financial system, while an outright ban would fail to […] 

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