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