India Cracks Down on Crypto in Jammu & Kashmir—Security or Surveillance Overreach?
New Delhi tightens the screws on digital assets in disputed region, citing ’terror financing’ risks—while conveniently expanding financial surveillance powers.
Behind the security theater: A familiar playbook of capital controls dressed in blockchain buzzwords. Local traders report frozen accounts and VPN surges as regulators treat crypto like contraband.
Meanwhile in Mumbai and Delhi, the same government quietly approves Bitcoin ETFs for accredited investors. Priorities, right?