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RE: Indian Crypto Bill Draft Sent to Law Minister. Chances of Delay.
Indian liberals left wingers create panic for no reason against current govt.
Crypto regulation is necessity considering fake coins and NFTs would destroy if cryptos are accepted as is. Also indian currency needs its own blockchain so as to get rid of the fake coins and to have a digital fiat like USDC/USDT.
Yes, CBDC is being planned and RBI, the Indian central bank, is expected to come up with it.