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India’s Fintech Summit Sidelines Crypto, Emphasizes State-Led Digital Transformation

India’s Fintech Summit Sidelines Crypto, Emphasizes State-Led Digital Transformation

Published:
2025-10-11 12:11:02
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BTCCSquare news:

India's Global Fintech Fest 2025 conspicuously excluded cryptocurrency and stablecoin discussions, signaling a deliberate pivot toward government-controlled financial technologies. Keynotes from RBI and MeitY officials focused exclusively on CBDCs, AI-driven finance, and national digital infrastructure like DigiLocker.

The omission coincided with aggressive FIU-IND enforcement against offshore crypto platforms, reinforcing New Delhi's stance that private digital assets lack legal tender status. Financial innovation, authorities suggest, will unfold strictly within institutional frameworks.

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