India Might Ban Bitcoin and Ether to Boost its CBDC

The Indian government is exploring a ban on privately-operated cryptocurrencies like Bitcoin and Ether. As part of the country’s digital finance plans, India intends to promote its central bank digital currency (CBDC), the digital rupee. India’s skeptical approach to crypto has raised concerns about the future of WazirX, especially after its recent $230 million hack. The post India Might Ban Bitcoin and Ether to Boost its CBDC appeared first on Coin Edition .

Source: Coin Edition