A senior official in India’s government said on February 2 that the country would re-evaluate its strict crypto stance, in an apparent contrast with the position taken by the central bank.
In an interview with Reuters on February 2, economic affairs secretary Ajay Seth said crypto assets “don’t believe in borders”.
His comments came after US president Donald Trump on January 23 issued an executive order promoting dollar-backed stablecoins for global use.
A discussion paper by the Indian government
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