Stablecoins to Shatter UPI? Inside India Crypto Regulation Paper
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最新报道：India's crypto regulation debate intensifies as a government paper warns that legalizing digital assets could backfire, potentially making stablecoins a threat to the country's UPI payment system and introducing systemic risks to the broader economy. With $4.5 billion already invested by Indians in crypto, authorities face a dilemma: a ban may fail to curb peer-to-peer trading, while regulation could legitimize and amplify financial dangers. The government remains cautious, awaiting global regulatory clarity.
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