India Cracks Down On Crypto: Regulators Favor CBDC In Push Vs. Bitcoin & Co. | TheSpuzz
Source: Bitcoinist India is leaning toward the total prohibition of private cryptocurrencies like Bitcoin and Ethereum in an attempt to regulate risk in its current volatile market. The government said they will have a preference for Central Bank Digital Currencies (CBDC), as they provide all the benefits of private cryptocurrencies, without having the potential for…