Why is India stifling the crypto industry?
Why is India seemingly taking a hard stance against the crypto industry? Given the global trend towards digital currencies and their potential benefits, why is the country restricting its growth? Are there specific regulatory concerns or is it a broader policy decision? Are there any potential economic implications of this stance, especially considering the growing popularity of cryptocurrencies among Indians? What are the possible factors behind this decision, and how might it impact the future of crypto in the country?