Reported about 10 hours ago
At the Global Fintech Fest in Mumbai, attended by 100,000 participants, discussions on cryptocurrencies and stablecoins were notably absent due to India's cautious regulatory stance. With the rise of Bitcoin to over $125,000, guidelines urged speakers to avoid crypto-related topics. Regulators instead focused on the e-rupee and the launch of various fintech products, reflecting India's reluctance to engage with the crypto sector amidst concerns over regulatory clarity.
Source: YAHOO